(EnergyAsia, February 1 2011, Tuesday) — China expects to expand its commercial storage capacity for oil products by 30 million barrels to 208 million barrels this year. The world’s second-largest oil consuming country, which began building its strategic petroleum reserves in 2005, added 12 million barrels of capacity last year. It completed the first…
CHINA: Commercial oil storage capacity to exceed 200 million barrels in 2011
Posted on January 31, 2011 by EnergyAsia