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A system dynamic analysis of China’s oil supply chain: Over-capacity and energy security issues
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文摘
A system dynamic model of oil supply chain is established. A quantitative measurement for over-capacity of refining industry is proposed. Refining industry in China is in the severest level of over-capacity extent by now. Crude oil import disruption is simulated to evaluate petroleum reserve strategy. China’s current oil supply chain is capable in dealing with a 180-day disruption.

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