As long as an all-out effort is made in exploration, it is possible to find new oil and gas resources in China.

The outcome of evaluation on the oil and gas resources was better than former data.

Any slightest fluctuation could drive speculations on the oil price.

It would be a great financial risk for China to buy oil at the international market for its strategic reserve program as the current global oil price has been fluctuating at a high level.

Currently the international oil prices are at high levels. Against this backdrop, we would face big risks if we buy oil from the international market.

This (scale) should be determined according to China's real conditions.