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2009-03-06 | All chapters
China to bolster oil reserves
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http://www.chinadaily.com.cn/china/2009-03/02/content_7541896.htm
China is accelerating the build-up of its oil reserves to avoid the economic dislocations the country suffered in 2008 from fluctuations in the world oil price. China's National Energy Administration (NEA) recently released a plan to build nine large refining bases in coastal areas over the next three years, sources with the China Petroleum and Chemical Industry Association said last week.