Chinese authorities announce plans to further reform the country’s oil and gas sector; call for increased imports of low-priced U.S. natural gas
China has said it will allow private companies to invest in the country’s oil and gas storage sector, the government said in a document laying out changes it plans to make to the energy sector.

In a document approved Sunday, the State Council said it plans to increase government investment in the country’s oil storage facilities while also allowing non-state firms to operate storage. It did not giv...


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