(EnergyAsia, April 27, Friday) — China has promised to build up its strategic petroleum stockpile “gradually” to about 30 days’ supply or about 100 million barrels by 2010. With oil prices rising again, China is aware that its stockpiling plans could add fuel to the world markets. China’s leading planning agency, National Development and…
CHINA: National oil stockpile to be built up gradually
Posted on April 27, 2007 by EnergyAsia