China’s oil plan comes together
The country’s rapid output growth is an example that other producers could learn from
China’s oil production has rebounded in recent years, driven by advanced technology and robust government policy. This recovery offers a potential model for other producers navigating increasingly unpredictable energy markets. The surge in output has become a key pillar of China’s energy security, alongside efforts to boost strategic reserves and diversify crude oil imports. These measures have proven vital in ensuring supply continuity amid an accelerating energy transition, as demand for oil products plateaus due to electrification and the rapid expansion of renewable energy. According to official estimates from China’s National Bureau of Statistics, cited by several news agencies, China’s
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