Risk Management Research For China's Strategic Petroleum Reserve

Since 1993 China has become the petroleum net import country, our country's petroleum consumption quantity and the foreign degree of dependency have the varying degree enhancement every year. Particularly because of China's policy for developing the automobile industry vigorously in recent years and encouraging the small displacement automobile expense, our country's petroleum output not to be able to achieve the expense by far the demand. But the developed country is also facing the varying degree oil shock now, this will intensify the intense degree about related country inevitably which will compete to the international oil gas resources, also will cause our country's economic development faced with the latent crisis. Our country has completed the first batch of oil reserves base in 2008 to deal with the latent crisis, afterward second batch, the third batch will stockpile the base also to start. But, more and more oil reserves risk is puzzling our country strategy oil reserves system's construction and the movement enormously. Therefore, this article obtains from risk management's angle, to use the principle of comprehensive risk management which faces to our country strategy oil reserves system to carry on the recognition, then with determines the nature of the method which through the fuzzy analytic hierarchy and the expert rating/allocation quota unifies to carry on the appraisal graduation to the risk, finally proposed that the risk dealing with strategy, achieves both saves the risk management cost and highly effective to dodge or to reduce loss by the risk brings.