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Strategic oil reserve begins operation in China |
| Home | (Reuters) - BEIJING: China has begun operating its first strategic oil reserve, the Xinhua news agency reported Monday, citing an official in the National Development and Reform Commission. "China's first strategic oil reserve has been filling with oil and begun operations, and China's plans for its strategic oil reserves are now progressing in an orderly way," Xinhua said, citing Zhu Hongren, deputy bureau chief for the economic operations bureau. The report did not elaborate on whether the filling of the reserve had been completed or the state of reserves operations. |