Energy: National oil reserve center
(People's Daily Online)
Updated: 2006-08-23 15:43
After nearly six months of test operations, the National Oil Reserve Centre
has finished its appraisal and recruitment program for employees, and is
expected to begin official operations soon.
An official with the Bureau of Energy, National Development and Reform
Commission (NDRC), said that plans to establish an oil reserve centre were made
at the end of last year. However the center has been run in test mode for nearly
for nearly six months.
Qian Jianqiang, Managing Director of www.oilgas.com.cn, noted that the centre did
not have large reserves of oil because of rocketing oil prices; such a move in
this climate could have a negative impact on China's international image.
Reports from foreign news agencies say that it is not clear whether the
employees who are running the center, currently on loan, will become registered
members when it officially begins operation. It thought that high-ranking posts
at the centre will be filled by officials from the Bureau of Energy,
NDRC.
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