(EnergyAsia, March 26 2012, Monday) — China has started stockpiling crude oil at a new emergency storage reserve in Gansu province and is planning another in nearby Henan province, both in the country’s northwest.The Lanzhou depot in Gansu, which can hold 18.9 million barrels of crude, is part of China’s second-phase programme to stockpile 168…
CHINA: Strategic oil stockpiling at Lanzhou, new terminal planned for Luoyang
Posted on March 26, 2012 by EnergyAsia