China’s NEA to Expand Oil and Gas Trade Partners During 15th Five-Year Plan

Cointime update: China’s National Energy Administration will widen its oil and gas trade network during the 15th Five-Year Plan period, said Ge Ju, deputy director of the NEA’s development planning department. China already trades oil and gas with nearly 50 countries, with import sources covering the world’s major oil and gas exporters. The plan calls for stronger cooperation with key overseas producing regions, more diversified sources and transport routes, and secure land and sea import corridors.