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【文件格式】：PDF
【页数】：10
【目录或简介】：
Demystifying the China SPR
The question of the market impact of the development of a Chinese
Strategic Petroleum Reserve (SPR) has been asked ever since the need
for such a reserve was first discussed in 1993, when China became a
net importer of oil. As construction of the initial phase of the planned
SPR first began in early 2004, this question took on a greater urgency.
And the soaring demand for Chinese crude oil in recent months has
once again heightened the market’s interest in the SPR’s development.
In order to address the questions and concerns surrounding the
Chinese SPR, below we provide the details of its history and of its
ongoing development.
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