Development of China's strategic oil reserve system depends largely on the mindset of its decision makers. Conservative, security driven thinking will lead to higher costs for the government and more stress on the global oil market. A more open-minded approach, by contrast, could allow an efficient and comparatively inexpensive build of reserves. This article will examine the strategic petroleum reserve sstrategies used by the US, Japan and South Korea, in an effort to determine the optimum course for development of China's reserves.


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    Title :

    Study examines Chinese SPR growth alternatives


    Additional title:

    Studie untersucht Alternativen für das Wachstum der strategischen Erdölreserve Chinas


    Contributors:
    Nieh, Daniel (author) / Wu, Kang (author) / Wang, Lijuan (author) / Fu, Shi (author)

    Published in:

    Oil and Gas Journal ; 105 , 28 ; 80-86


    Publication date :

    2007


    Size :

    5 Seiten, 1 Bild, 1 Tabelle, 4 Quellen



    Type of media :

    Article (Journal)


    Type of material :

    Print


    Language :

    English