CHINA Pushing Oil - Domestic & Import!25 Apr 2025 06:19
Lots here do not understand what happening in 'real' world outside BB!
China National Energy Administration pushing Oil Production - This fit in with STATE STRATEGY to 'shift' dependence to 'Friendly Nation' and Domestic increase - Follow recent Agreements between CHINA -MONGOLIA I did post on.
Even with Domestic production increase - "The country remains a major Oil IMPORTER in the near term. Last year, China's total oil demand was 16.68 Million barrels per day, while Domestic Production was only 4.3 Million barrels." - (Source: Mongolia Mining Journal).