China's SPR Holds 1.3 Billion Barrels, PLA Consumes 500,000 Barrels Daily
An analysis indicates China's Strategic Petroleum Reserve (SPR) holds 1.3 billion barrels, with a potential for more. The People's Liberation Army (PLA) is estimated to consume approximately 500,000 barrels of oil per day.
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Sources · 7 independent
Bloomberg Radio
“1.3 billion barrels in their SPR. They probably have something more like two. And then they can make the civilian economy ration. The PLA would use something like 500,000 barrels a day.”
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