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China set to increase oil imports
- Thursday, May 29 - 2008 at 09:20
China's enhanced oil imports since the Sichuan earthquake on May 12 are expected to continue for a much longer time than what was initially thought, reported Gulf News. One factor that is causing Beijing to boost its oil imports is that power plants across the country have been hit by a serious shortage of coal. The government says The State Electricity Regulatory Commission says 32 power plants have been shut down for lack of sufficient coal.
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Jeff Florian, Senior ReporterThursday, May 29 - 2008 at 09:20 UAE local time (GMT+4)
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