Expanding China’s national oil reserve and founding a dedicated $100bn state monopoly to mind the tanks could mean big business for oil trader and tanker owner Dr Raymond Sit Kwong Lam, the chairman of Brightoil Petroleum and its crude tanker and bunkering affiliates and a delegate to the just closed annual meeting of the Chinese People’s Political Consultative Conference (CPPCC).
Latest Jobs
Brightoil boss calls on China to tank up
One of China’s best-connected private tanker owners is lobbying Beijing in public and private for a vast buildup of strategic crude oil reserves and a state-owned monopoly to control them
20 March 2015 0:00 GMT
Updated
20 March 2015 0:00 GMT
By