俄油减产、美军围委！中国建20亿桶储油库囤油，为应对能源风险？

Global Energy Market Environment - The global energy market is currently unstable, prompting China to prepare for its significant oil imports [3] - Russia supplies 100 million tons of oil annually to China, accounting for 20% of its imports, but production is declining due to sanctions and conflict [5] - Venezuela provides 850,000 barrels of oil daily, but potential military conflict poses a risk to supply [8] Reasons for China's Oil Stockpiling - The first benefit of stockpiling oil is cost savings; a $1 decrease in oil price saves China hundreds of billions annually, with current prices at $60 per barrel being significantly lower than previous highs [12] - The second benefit is preparedness for emergencies; current reserves can sustain China for 180 days even if imports cease, supplemented by domestic production [14] - The third benefit is converting USD reserves into tangible assets like oil, which is seen as more reliable than US Treasury bonds, especially given the rising US debt [16] Long-term National Strategy - China's oil stockpiling and construction of storage facilities (with a total capacity exceeding 2 billion barrels) reflect a long-term national strategy [17] - Adequate oil reserves are crucial for maintaining economic stability and production, especially in a challenging global economic environment [19] - By diversifying oil sources and reducing dependence on single countries, China enhances its energy security and international negotiating power [21]