oil spillage contingency systemChina will soon initiate its strategic oil reserves programme. This programme will be of great significance, politically and economically, in offsetting the risks of the world oil market and in guaranteeing the speedy development of China's economy. In the implementation...
CARACAS, Sept. 26 (Xinhua) -- The U.S. Defense Department considers Venezuela's oil and energy reserves a "geostrategic objective," Venezuelan Vice President Delcy Rodriguez said on Thursday. Speaking at a debate panel during the Russian Energy Week 2024, an international forum being held in ...
The paper proposes an organisational structure; a coordination and control mechanism; and concrete preventive measures against oil spillage. It draws upon experiences from other countries, while taking into account China's existing marine management system. 展开 关键词: China's strategic oil reserves ...
The lossof crude oil to the world market would, therefore, be around 4 million b/d, or 7percent of world oil consumption.A loss of this magnitude probably could not be fully offset by newproduction elsewhere. Saudi Arabia has shut in much of its formerly massiveexcess capacity and would ...
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Hepointed4out that the current capacity for petroleum production isinadequate5, because of China's massive land area and huge population. Analysts6have said a strategic reserve system must be established to ensure China's oil security. China started considering building petroleum strategic reserves in...
ultra-shallow large gas field, with newly confirmed geological reserves of natural gas exceeding 100 billion cubic meters. Additionally, 10 oil fields with a production capacity of over 100 million tons and 19 gas fields with a capacity of over 100 billion cubic meters were newly discovered in ...
OECD inventories are 60 million barrels below the five-year average and spare capacity is just 1.7 million barrels. “In this case, a strategic release would provide a temporary relief at best, much like the release last June, and as the market yearns for more crude, the headache for the ...
For the United States, what they wanted was the oil reserves in the Middle East. And again and again, I heard the phrase, ‘you’re our landed aircraft carrier in Israel’. Uzi Arad, the future Mossad head, would be very uncomfortable at this because he wanted Israel to be run by the...
China's energy reserves have the characteristics of "more coal and less oil", and rich reserves and low prices make coal the main source of China's energy consumption (Zhang et al., 2017a, 2017b). In reference to the data in China Statistical Yearbook, the average ratio of coal ...