First strategic oil reserve begins operation
By Dai Yan (chinadaily.com.cn)Updated: 2007-02-01 09:16
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The reserve, located in Ningbo, East China's Zhejiang Province, has a capacity of 5.2 million cubic meters. About 3.7 billion yuan (US$462 million) has been invested in the reserve.
China approved construction of four national strategic oil reserve bases in 2004.
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The full text is available in the January Issue of China Energy.
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