New Energy and Environment Digest 新能源与环保参考

China’s Oil Stockpiling Suggests Fossil Fuel Dependency Unlikely to Decline

Posted in Business & Finance, Energy, Oil & Gas, Politics, Transportation by ebalkan on March 16, 2009

tomsaint111In a rare admission of China’s strategic petroleum reserve capacity, a senior industry executive acknowledged that all four state-owned emergency oil reserve tanks – holding a total 100 million barrels – are filled to the brim.