Financial Times FT.com

Energy Security

Beijing under pressure to tackle oil shortages

By Richard McGregor in Beijing

Published: August 17 2005 13:47 | Last updated: August 18 2005 05:30

Rising anger in China over spreading fuel shortages is increasing pressure on Beijing and the local oil majors to devise a new pricing policy to head off future crises over oil supplies to motorists.

The shortages have begun spreading north from Guangdong, in southern China, which has seen the longest petrol queues in recent weeks, to Shanghai, the country's commercial capital, and surrounding Yangtze delta.

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