According to a briefing released by the National Development and Reform Commission on the 28th, authorities have urged local oil companies, including Sinopec and PetroChina, to implement effective measures to ensure that essential supplies for daily life and industrial and agricultural production remain unaffected by recent severe weather conditions. This includes maintaining the availability of agricultural fuel and other critical materials needed for transportation.
A reporter from Xinhua News Agency learned on the same day that Sinopec has activated emergency plans to safeguard the stability of the refined oil market. The company is working closely with regional authorities to monitor supply chains and maintain consistent distribution.
In an emergency notice issued recently, the National Development and Reform Commission directed Sinopec and PetroChina to enhance coordination between production and sales of refined oil products, increase distribution efforts, and organize timely delivery. All gas stations are required to remain open, ensuring no shortage of fuel, no price violations, and full availability. Additionally, convenient solutions such as "green channels" and mobile refueling units have been introduced to support the fueling needs of vehicles transporting fresh produce and agricultural goods.
Local governments are also being asked to strengthen monitoring of the supply situation, stay updated on market trends, and collaborate with transportation and other relevant departments to guarantee the smooth flow of refined oil during emergencies. Priority will be given to key sectors, including residential use, public transportation, utilities, and highway operations.
Li Lan, an expert in refined oil, told a reporter from the Morning Post that compared to coal-based power generation, the supply of refined oil has remained relatively stable. While poor road conditions caused by snow and wind have led to some localized stock reductions, large-scale shortages similar to previous years are not expected. Gasoline wholesale prices have remained steady, while diesel prices have seen a slight decline.
"However," Li added, "if the severe weather continues for an extended period, inventory levels may continue to drop, which could potentially lead to fuel shortages again."
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