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News // Asia

Chinese Oil Firms Work as hard as They Can According to Government's Command

28 November 2007 , 08:50620
The oil supply on the Chinese market will soon return to normal as China's major oil producers and local governments take measures to ease shortages, as their economic planning ministry ordered them to work as much as possible.

To increase supply, top Chinese oil producers PetroChina and Sinopec are running at full capacity.

The two oil giants cut the supply of chemical oil to produce more diesel oil which is badly needed. They are cooperating with small, local refineries by providing crude oil and buying into oil products.

The companies have also pledged to provide sufficient oil to filling stations in Beijing, Shanghai, Tianjin and Guangdong and along some main trans-provincial expressways.

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