(EnergyAsia, April 30, Wednesday) — China’s refined oil traders will need to maintain a minimum commercial reserve of 15 days of sales effective May 1 under a new mandate issued by the central government. The measure is aimed at reducing the fuel shortages and rationing that have plagued China over the past year and to…
CHINA: Government sets wholesale fuel stock levels at 15 days of supply
Posted on April 29, 2008 by EnergyAsia