(Bloomberg) -- China plans to build an emergency oil
stockpile to cover the equivalent of 90 days of imports by 2020,
said the energy research head at the nation's top economic
planning body.
China will fill the stockpile based on market conditions and
the government will consider the potential global impact when
making purchases of crude for its emergency supplies, Han Wenke,
director of the National Development and Reform Commission's
energy research institute, said in an interview today.
Read more at Bloomberg Energy News
stockpile to cover the equivalent of 90 days of imports by 2020,
said the energy research head at the nation's top economic
planning body.
China will fill the stockpile based on market conditions and
the government will consider the potential global impact when
making purchases of crude for its emergency supplies, Han Wenke,
director of the National Development and Reform Commission's
energy research institute, said in an interview today.
Read more at Bloomberg Energy News
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