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CHINA'S GUANGDONG PROVINCE MAY HOUSE OIL RESERVE BASES.

Publication: AsiaPulse News

Publication Date: 28-FEB-06
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COPYRIGHT 2006 Asia Pulse Pty Ltd

BEIJING, Feb 28 Asia Pulse - Guangdong Province, China's economic powerhouse, may soon play host to new national oil reserve bases.

The central government has been assessing the plan to ease Guangdong's energy shortage, according to provincial energy officials. Guangdong consumes nearly one-third of the country's annual oil import.

"We had the plan to ensure the province's energy security by becoming involved with the country's oil strategy reserve programme," Xie Zhuoqun, energy...

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