Xi: China must secure energy supply 'in its own hands'

Xi visiting a drilling platform of the Shengli Oilfield. - Xinhua

BEIJING (Bloomberg): President Xi Jinping told oil workers that China must secure its own energy supply, signaLling a continued role for fossil fuels in the nation’s efforts to meet power demands.

Xi made the remarks during a visit on Thursday (Oct 21) to the Shengli oilfield in the eastern province of Shandong, according to the People’s Daily newspaper. The oilfield is the largest operated by China Petroleum & Chemical Corp, or Sinopec.