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In addition to strengthening the power of exploration and development, oil reserves are also considered to be the most important means to curb price volatility. China’s strategic oil reserve base has been continuously under construction. The latest news is that the construction of the eight second-phase strategic oil reserve bases including Zhanjiang and Huizhou in Guangdong, Lanzhou, Gansu, Jintan, Jiangsu, Jinzhou, Liaoning, and Tianjin has proceeded smoothly. It is expected that The year was fully completed, when the total reserve capacity reached 37.53 million tons.
In addition, relevant sources revealed that the government has taken practical actions on the issue of oil reserves. By increasing international investment in energy resources, overseas mergers and acquisitions will help China turn foreign exchange reserves into resource and energy stock reserves. "I believe that in the near future, our country can reach the level of most developed countries, that is, to achieve a reserve level of imports for 90 days."
The National Engineering Laboratory for Offshore Oil Exploration is set up soon
On the 22nd, it was learned from the High-tech Industry Division of the National Development and Reform Commission that the National Development and Reform Commission had just approved the establishment of a national engineering practice (blog) laboratory for offshore oil exploration.