China Discloses National Oil Reserves for First Time

BEIJING--November 24, 2014--Researched by Industrial Info Resources China (Beijing, China)--China's government has disclosed for the first time that it holds 12.43 million tonnes of oil in its four strategic petroleum reserve facilities. The numbers were released by the National Bureau of Statistics of China (NBSC) after President Xi Jinping's announced at the recent G20 Summit that the country would periodically disclose its reserve amounts.

Within this article: Strategic crude oil reserves statistics for China.