The Chinese are very astute planners and are about 5 years ahead of the US. They have been building a strategic reserve as well. They know oil is going to get very tight.
Pity about Momoho. Not all bad news but the oilers of the world had me all excited.
At least the Kupe drills delivered on the high side so now let us accumulate the $$$$ from Tui and get ready to roll out Kupe.
The oil price will rise again and NZO will also.