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China to boost oil and gas imports amid oil slump

Posted on 29 December 2008

From Reuters: China will take advantage of falling oil prices to boost oil and gas imports, Zhang Guobao, the head of the National Energy Administration, said in remarks published on Monday.

It would actively push forward the construction of the second phase of state strategic oil reserves after having largely completed the first phase, Zhang said in a report in the official People’s Daily….. Full Article: Source


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