(EnergyAsia, May 21 2013, Tuesday) — China is expected to add 245 million barrels of new capacity to its strategic oil stockpile building programme by 2015, lending support to the global markets, said the International Energy Agency (IEA). In an earlier forecast last year, the Paris-based agency had expected the world’s second largest oil consumer…
CHINA: IEA predicts addition of 245 million barrels of oil storage capacity
Posted on May 21, 2013 by EnergyAsia