Petroleum Storage, International Petroleum Resource Application and Market Regulation

Petroleum is well known as a strategic resource, but the petroleum resource is not evenly distributed. The western countries successively set their large scale petroleum storage system after suffering several petroleum crisises. In spite of ranked fifth of production, our country is poor in resource per person. A great change is took place in petroleum market of both domestic and international since 90's, the correla tion between supply and demand is increasingly tight. Under the conditions it is significant in economic benefit and political effect to set and develop petroleum storage system of our country, fully to employ both domestic and international petroleum resources and markets, to optimize inegrated benefit of our country's petroleum storage system, to deal with possibilty of casualy political events, to ensure social stability and soundly national economic growth. Five pieces of suggestion are presented to set petroleum storage system of our country through analysis and evolution.