Chinese oil industry modernization system construction path choice

With the rapid development of national economy, China’s energy demand presents a rapid growth trend. As the representative of traditional energy, petroleum resources still play an important role in the case of other energy replacement technology is not mature. Therefore, it is very important to accelerate the development of petroleum industry and establish a modern petroleum industry system. This paper discusses the construction of modern petroleum industry system and analyzes the existing problems in petroleum industry and their causes. This paper puts forward some suggestions to perfect the modern petroleum industry system, which is of great significance in improving the exploitation and utilization efficiency of petroleum resources and promoting the sustainable development of economy and society.

Keywords: The oil industry; Modernization; System construction; Development path