(EnergyAsia, February 26) — The Chinese government is drafting an energy law that would require state-owned companies to keep oil stockpiles to complement the nation’s strategic reserves. Participating companies could be given subsidies to help them cover operating and management expenses, said a State Council official who added that the draft law might be ready…
CHINA: State oil firms may have to build up strategic stockpile
Posted on February 26, 2007 by EnergyAsia