UPDATE 1-China says confident it can ensure energy supply despite serious challenges

(Adds comment on oil and gas imports) BEIJING, March 7 (Reuters) – China’s government is capable of supplying sufficient energy despite serious challenges as it will step up production capacity and boost reserves to keep prices under control, state planning officials said on Monday. Energy and global commodities prices have soared to decade-high levels amid fears of supply disruption after Russia’s invasion to Ukraine. “Geopolitical conflicts and the changes of global energy supply and demand have challenged our safe energy supply,” Lian Weiliang, a vice director of the National Development and Reform Commission, said on the sidelines of a meeting…