planners as they continue to build up the country’s strategic petroleum reserves (SPR) in the face of crude hovering above US$90 a barrel. An official at China’s energy agency said the high cost of oil would not force China to revise its stockpiling plans. Beijing began filling the first storage tanks last year and has…
CHINA: High oil price not the main consideration in stockpiling plan
Posted on November 27, 2007 by EnergyAsia