China accelerates the accumulation of oil
Almaty. August 12. Silkroadnews - China accelerates the accumulation of oil reserves, informed the newspaper "People's Daily".
"The international oil prices continue to fall, China, as a major importer of crude oil, accelerates the pace of accumulation of oil reserves", - says the publication on Wednesday.
According to the latest China Customs, in July crude oil imports reached 30.7 million tons, which is 29% higher than the same period of the previous year, this is a new record.
According to experts, the country's strategic oil reserve is quite large, China should seize the present opportunity to lower international oil prices, to accelerate the completion of the oil shortage to ensure national energy security and economic development.