Zhang, Xiao-Bing; Fan, Ying - In: International Journal of Global Energy Issues 35 (2011) 1, pp. 24-42
China is currently establishing a strategic petroleum reserve (SPR) to ensure its energy security. The stated government goal is to build up an SPR equivalent to the amount of 90 days of net oil imports by 2020. To build up an SPR needs a large amount of funds. How to determine the optimal...
