PetroChina to Boost April Oil Processing by 15%, China News Says

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PetroChina Co., the nation’s largest oil company, will increase oil processing and shorten maintenance of its plants to ease a fuel shortage in some regions, China News Service reported.

The refiner will raise processing volumes by 15 percent this month from a year earlier and oil-product output by 19 percent, according to the report dated yesterday, which didn’t give exact volumes. Gasoline and diesel yields will rise 2.4 percent, it said.