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A DISCUSSION ON HOW TO MAKE FULL USE OFFORELGN CRUDE OIL RESOURCES

Sinopec Production

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Abstract

The article analyses the orientation for China to choose in utilizing world's crude oil ret- sources on the base of forecasting China's oil demand; puts forward the strategy and suggestion of relying on Middle -East's crude oil resources for the future in relation to the changing tendency of importing foreign oil resources in recent years in our country.

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The article analyses the orientation for China to choose in utilizing world's crude oil ret- sources on the base of forecasting China's oil demand; puts forward the strategy and suggestion of relying on Middle -East's crude oil resources for the future in relation to the changing tendency of importing foreign oil resources in recent years in our country.

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Available abstract

The article analyses the orientation for China to choose in utilizing world's crude oil ret- sources on the base of forecasting China's oil demand; puts forward the strategy and suggestion of relying on Middle -East's crude oil resources for the future in relation to the changing tendency of importing foreign oil resources in recent years in our country.

Key concepts: Crude oil, China, Middle East, Oil reserves, Natural resource economics, Relation (database), Petroleum, Agricultural economics

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