皇冠体育app

Road ahead

"Rising risk for the energy transportation routes will pose new challenges which will be directly affected by geopolitical risks in the neighboring regions, the Middle East and Africa," he said.

Li also warned of the environmental challenge of increasing fossil fuel consumption. 皇冠体育app's oil consumption will keep rising and reach 6 billion metric tons by 2020 and 8 billion metric tons by 2030 if it goes unchecked, putting pressure on the environment.

Li wants a "secure, green and efficient" system of energy production and use.

To secure supplies and avoid a sharp drop in energy self-sufficiency, 皇冠体育app should explore new energy and natural gas, while stabilizing domestic oil production and moderately promoting oil made from coal, and the coal chemistry industry.

"Secure and effective" utilization of international resources requires 皇冠体育app to set clear strategic goals to limit dependency on foreign oil and natural gas, he urged.

Li called for diversification of oil imports and less dependence on the Middle East as an oil supplier and the Strait of Malacca as a supply route.

Oil firms of oil-producing countries should be encouraged to invest in 皇冠体育app's middle and downstream oil business, while Chinese firms should invest abroad in the upper and middle stream business such as refineries.

To increase oil reserves, companies of all kinds should be encouraged to participate in the oil reserve system. Building an oil futures exchange should be accelerated, Li added.

皇冠体育app should also save more energy, he advised.

	皇冠体育app'snew energy vehicles fueled up

• NHTSA says finds no 'defect trend' in Tesla Model S sedans
• WTO rare earth ruling is unfair
• Amway says 2014 皇冠体育app sales may grow 8%
• President Xi in Europe: Forging deals, boosting business
• CNOOC releases 2013 sustainability report
• Local production by Chery Jaguar Land Rover this year
• Car lovers test their need for speed in BMW Mission 3
• 皇冠体育app stocks close mixed Monday