The National Development and Reform Commission and the National Energy Administration issued the “Fifteenth Five-Year Plan for Oil and Gas Development”, which states that the establishment of a major national oil reserve system that organically combines government reserves, corporate social responsibility reserves, and enterprise production and operation inventories and complements each other will greatly improve risk resistance and safety assurance capabilities. Continue to strengthen the construction of government oil reserves, improve the corporate social responsibility reserve system, and maintain a reasonable level of enterprise production and operation inventories. Encourage social capital to strengthen the investment and operation of commercial reserve facilities and further increase the scale of reserves. Improve the institutional mechanism for oil reserves. Strengthen the monitoring of oil supply and demand.

The National Development and Reform Commission and the National Energy Administration issued the “Fifteenth Five-Year Plan for Oil and Gas Development”, which states that the establishment of a major national oil reserve system that organically combines government reserves, corporate social responsibility reserves, and enterprise production and operation inventories and complements each other will greatly improve risk resistance and safety assurance capabilities. Continue to strengthen the construction of government oil reserves, improve the corporate social responsibility reserve system, and maintain a reasonable level of enterprise production and operation inventories. Encourage social capital to strengthen the investment and operation of commercial reserve facilities and further increase the scale of reserves. Improve the institutional mechanism for oil reserves. Strengthen the monitoring of oil supply and demand.