(EnergyAsia, April 19 2011, Tuesday) — China has started work on the third phase of its long-term project to raise the national strategic oil stockpile to 85 million tons by 2020, equivalent to 90 days’ crude oil import volume.It will soon select the site to hold the third set of stockpile from several locations that…
CHINA: Work begins on third phase of strategic oil stockpile project
Posted on April 19, 2011 by EnergyAsia