The National Petroleum Reserve Center steward appeared in the next year may be assigned to the Department of Energy

The National Development and Reform Commission announced yesterday that with the approval of the State Council, the National Petroleum Reserve Center was formally established on the 18th, which marks the official launch of the three-tier management system for China’s oil reserves. In the future, the “National Development and Reform Commission Energy Authority affiliates” will be in charge of China. The oil strategic reserve bases, according to preliminary planning, will build up to 68 million tons of crude oil after these bases are completed.
It is understood that the director of the National Petroleum Reserve Center was headed by Yang Liangsong, former director of the China Economic Herald under the National Development and Reform Commission. Relevant appointments were issued in June this year.
Yang Liang Song, originally from Hubei Province, has worked in the former State Planning Commission for a long time. He once served in various departments such as the Department of Mechanical and Electrical Engineering, the Department of Long-term Planning, and the General Office, and served as deputy director of the General Office. In the mid-to-late 1990s, Yang Liangsong was transferred to the China Economic Herald as president and served for more than ten years.
In September this year, Yang Liangsong, who was the director of the Petroleum Reserve Center, made a special trip to Yangpu, Hainan, to inspect the conditions for building the second batch of oil reserve bases here.
Directly to the Energy Bureau It is understood that China's current strategic reserve base for petroleum is paid by the state, and PetroChina, Sinopec, and Sinochem Corporation are responsible for the construction. According to the plan, after the completion of the project, the National Petroleum Reserve Center will take over and be responsible for operations.
The relevant person in charge of the National Development and Reform Commission said that the establishment of the National Petroleum Reserve Center has strengthened China's oil reserve management force, straightened out the management level relationship of China's oil reserves, and opened the curtain for the development of China's oil reserves to specialization and regularization.
According to the three-level management system of China's oil reserves, the National Development and Reform Commission is the manager of the oil reserves, and the National Petroleum Reserve Center is the executive layer of the management system. The oil reserve base, on the other hand, plays an important role in the oil reserve. However, for a long time, due to the absence of the National Petroleum Reserve Center, although the construction of the oil reserve base has been started since 2004, the three-level management system has not been clarified.
Since 2003, the National Development and Reform Commission has established an oil reserve office. The Petroleum Reserve Office and the National Energy Development and Reform Commission are "one set of agencies and two brands." The director of the Petroleum Reserve Office has served as the director of the Energy Bureau. Since last year, the National Development and Reform Commission has begun to set up a national oil reserve center and has loaned some staff from the PetroChina, Sinopec and other oil companies to participate in the preparations.
Yesterday, relevant officials of the Energy Development Bureau of the National Development and Reform Commission told the Morning Post reporter that “The National Petroleum Reserve Center is a subsidiary of the National Development and Reform Commission’s Energy Bureau, while the Petroleum Reserve Office is an administrative unit, and the Secretary of the Energy Bureau is still the director of the office and will not be cancelled in the short term. ."
“Regulating and controlling” the oil market requires a 'owner' during the construction of the reserve base. The NDRC is a government department and cannot be a 'owner'. Therefore, an institution needs to be set up to exercise the rights of the investor.” Dong Xiucheng, Associate Dean, School of Business Administration, China University of Petroleum Said, "In addition, after the completion of the oil reserve base, the oil reserve center will also have a small amount of commercial operation rights. For example, when the oil price is high, it can throw out a portion of the oil and wait for the oil price to fall back to buy again. However, the oil reserve The center's obligation to fulfill the state's oil reserves cannot be used for profit."
The National Development and Reform Commission stated yesterday that the purpose of the National Petroleum Reserve Center is to provide oil reserve guarantees for the maintenance of national economic security. The responsibility is to exercise the rights of the investor, to be responsible for the construction and management of the national oil reserve base, and to undertake the tasks of purchasing, storing, rotating, and using strategic petroleum reserves. Monitor changes in supply and demand in the oil market at home and abroad.
"Establishment of oil reserves is an important means to respond to emergencies, prevent oil supply risks, and safeguard national energy security," said the National Development and Reform Commission.
The National Development and Reform Commission did not disclose the circumstances under which oil reserves were used. Earlier, Hu Weiping, head of the Energy, Oil and Natural Gas Division of the National Development and Reform Commission, once stated that China's strategic oil reserve is only intended to be used in emergency situations and will not be used to manipulate oil prices.
The issue of China’s oil reserves is also the focus of international attention. In the Sino-US Strategic Economic Dialogue that has just ended, the two sides reached an agreement to cooperate more closely on the construction and management of the oil reserves of the two countries.
Dong Xiucheng believes that the United States has started building oil reserves since the 1970s and has rich experience in management and operations, and is worthy of learning from China. More importantly, China is not an economic cooperation and development organization under the International Energy Agency (IEA). The members are therefore not obliged to disclose information on oil reserves to the IEA. However, in accordance with the agreement reached between China and the United States, China may disclose information on oil reserves to the United States in the future.
Next year, a person familiar with the Ministry of Energy informed the Morning Post reporter that the center will adopt a model similar to China’s Reserve Grain Management Corporation and China Reserve Cotton Management Corporation, and is temporarily under the jurisdiction of the Energy Development Bureau of the National Development and Reform Commission under the jurisdiction of the Ministry of Energy. After its establishment, the center will be transferred to the Department of Energy.
According to Article 65 of the “Energy Law” (Draft for Soliciting Opinions) previously published, the government’s reserve for petroleum is organized and managed by the State Council’s energy authority. “This means that after the establishment of the Ministry of Energy in the next year, the National Petroleum Reserve Center will be transferred from the National Development and Reform Commission to the Department of Energy for management.” Wu Jiandong, an energy expert, said in an interview with the Post reporter.
Wu Jiandong also stated that “at the critical moment when the National Development and Reform Commission and the Ministry of Energy of the People's Republic of China transfer the overall institutional business and energy management authority, we will make the maximum use of the internal resources of the National Development and Reform Commission to operate the National Petroleum Reserve Center, which can be successfully interfaced with the future Energy Department. It is also possible to maximize the use of this year's national financial costs, which objectively increases the funding space for the national oil strategic reserve in 2008."

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