Xinhua reported that PetroChina and Sinopec, China's two leading oil producer’s plans to increase the production and import of refined oil products in June, to ensure supply for wheat reaping and quake relief efforts.

PetroChina said it would keep its operation at full steam this month to jack up its oil processing by 6% over last month. The oil group would also import 600,000 tonnes of oil products. Sinopec will cut its ethylene production by 65,000 tonnes or 11% of its monthly production capacity in June to expand oil product supplies by 200,000 tonnes. It will also reduce arena production to raise oil products supplies.

Mr Wang Tianpu president of Sinopec said measures such as expanding processing, adjusting product mix and suspending exports, would betaken to ensure refined oil supplies for the disaster relief, wheat reaping and the coming Olympics.