CHINA: Government orders additional eight-million-tonne crude stockpile, says Vortexa

(EnergyAsia, July 5, 2024, Friday) — China has issued an unexpected order for state-owned firms to add eight million tonnes (58.8 million barrels) of crude to their strategic stockpiles from July to next March, according to oil and gas intelligence provider Vortexa….

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INDIA: Foundation laid for storage expansion in Modi’s third term

(EnergyAsia, July 4, 2024, Thursday) — India will likely lead Asia’s expansion of liquid storage capacity over the next five years under the government of Prime Minister Narendra Modi which recently won re-election for a third term in office….

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