|
BEIJING, March 6 (Xinhuanet) -- China will put into operation its first
national oil reserve facilities under construction in Zhenhai of eastern
Zhejiang Province at the end of this year, while speeding up construction of
three others, top economic official Ma Kai said here Monday.
"The Zhenhai facilities are expected to be put to use by the end of this
year and the three others would be operating in 2007 or 2008," Ma, minister in
charge of the National Development and Reform Commission, said at a press
conference.
These projects are aimed at avoiding interruption of oil supplyand
adjusting oil prices at time of scarcity, he said. Enditem |