国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

   

Right move by oil giants

(China Daily)
Updated: 2007-11-22 07:12

Suspending the export of refined oil products is a correct decision by the petroleum giants at this time, says an article in Procuratorators' Daily. The following is an excerpt:

China Petroleum & Chemical Corporation (Sinopec) and China National Petroleum Corporation (Petro China), the country's two biggest suppliers of petroleum and refined oil products, announced on Monday that they were suspending the export of refined oil products for a while because of the shortage of these products in the domestic market.

In recent years, the country has often been hit by a shortage of petroleum or related products. Some of the shortages were attributed to natural disasters, like typhoons, and some by price hikes on the international market.

In several instances, the shortage in the domestic market was caused by the huge export of these products. Considering the higher profits gained from exporting rather than selling domestically, it is easy to understand the decisions. However, the petroleum giants in China should not put themselves in the same position as other businesses.

Run by the State, they are monopoly players in the market. They control the whole business link from crude oil exploration to retail and distribution. Such a monopoly position guarantees profits.

Now that Sinopec and Petro China have decided to give more priority to demand in the domestic market, they have obviously realized their roles as State-owned enterprises. And although this decision might cause some loss in financial terms, it will definitely improve their business image, fulfill their social responsibility and boost public welfare.

(China Daily 11/22/2007 page10)



Hot Talks
Most Commented/Read Stories in 48 Hours
无为县| 宜宾市| 奉新县| 浦城县| 祁门县| 伊吾县| 台江县| 临泉县| 道真| 台中市| 光山县| 健康| 武城县| 黄大仙区| 蕉岭县| 尚义县| 安仁县| 乌鲁木齐市| 岐山县| 黑山县| 桃源县| 永登县| 四子王旗| 理塘县| 长白| 繁昌县| 临武县| 古浪县| 大城县| 永嘉县| 信阳市| 美姑县| 延安市| 图木舒克市| 永修县| 平乐县| 呈贡县| 兴海县| 天气| 原平市| 扎兰屯市|