IEA Shows Concerns Over China's Oil Stockpiling

摘要

@@ Reportedly, China's oil imports accounted for nearly one third of the world's total oil supply in 2003. The country's oil imports are estimated at 110～120 million tons in 2004,equal to 2.2～2.4 million barrels per day, much higher than 91 million tons in 2003. International Energy Agency has helped the Chinese government with the country's strategic oil stockpiling plan by offering the training. The Paris-based IEA has urged China to take into consideration how to operate and maintain the national strategic oil stockpiling system and clarify the roles of the enterprises and the State in oil stockpiling.