The current price is much higher than it should be, since there is not a real crude oil shortage in the world market. - Zhang Guobao Quotes
The current price is much higher than it should be, since there is not a real crude oil shortage in the world market. Zhang Guobao
 

More - Zhang Guobao Quotes

One moment Russia is saying they have made a decision, the next saying that no decision has been made. To date, there has been no correct information. This is regrettable. - Zhang Guobao Quotes

One moment Russia is saying they have made a decision, the next saying that no decision has been made. To date, there has been no correct information. This is regrettable.

Zhang Guobao

 
Currently the international oil prices are at high levels. Against this backdrop, we would face big risks if we buy oil from the international market. - Zhang Guobao Quotes

Currently the international oil prices are at high levels. Against this backdrop, we would face big risks if we buy oil from the international market.

Zhang Guobao

 
It is not correct to attribute the crude oil price hike in 2004 to the growth of oil consumption in developing nations such as China and India . - Zhang Guobao Quotes

It is not correct to attribute the crude oil price hike in 2004 to the growth of oil consumption in developing nations such as China and India .

Zhang Guobao

 
It also delivers substantial economic and environmental results, alleviating poverty. - Zhang Guobao Quotes

It also delivers substantial economic and environmental results, alleviating poverty.

Zhang Guobao

 
It also delivers substantial economic and environmental results, alleviating poverty. - Zhang Guobao Quotes

It also delivers substantial economic and environmental results, alleviating poverty.

Zhang Guobao

 
It would be a great financial risk for China to buy oil at the international market for its strategic reserve program as the current global oil price has been fluctuating at a high level. - Zhang Guobao Quotes

It would be a great financial risk for China to buy oil at the international market for its strategic reserve program as the current global oil price has been fluctuating at a high level.

Zhang Guobao

 
Renewable energy, including solar, wind power and hydropower, will contribute to better energy security in China, - Zhang Guobao Quotes

Renewable energy, including solar, wind power and hydropower, will contribute to better energy security in China,

Zhang Guobao

 China
China has set a strategy to economize energy use, increase energy efficiency, mainly depend on domestic supply and explore the overseas market. - Zhang Guobao Quotes

China has set a strategy to economize energy use, increase energy efficiency, mainly depend on domestic supply and explore the overseas market.

Zhang Guobao

 China
Any slightest fluctuation could drive speculations on the oil price. - Zhang Guobao Quotes

Any slightest fluctuation could drive speculations on the oil price.

Zhang Guobao

 
And the proportion will increase to 10 per cent by 2020. - Zhang Guobao Quotes

And the proportion will increase to 10 per cent by 2020.

Zhang Guobao

 
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