Oil prices on the international market may be too high for China to use to fill its reserves, state media reported. Zhang Guobao, vice chairman of the National Development and Reform Commission, said China would likely fill reserves from domestic supply, adding that China's production will likely remain at 3.6 to 4 million barrels a day. The comments came on the same day the first oil arrived from a new 970 kilometre pipeline from Kazakhstan. The pipeline is designed to carry 20 million tonnes of oil, or about 15% of China's crude imports in 2005.
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