EconomySechin expects China’s role in oil market to grow, OPEC influence to decline
Rosneft CEO Igor Sechin said expanding Chinese fuel reserves would strengthen the country’s position in the global oil market, while OPEC’s influence and membership would diminish. He described China as having evolved from a major energy consumer and importer into an active market leader.
Sechin expects China’s role in oil market to grow, OPEC influence to decline