China processed a record volume of crude oil in May
China, the world's third-biggest economy, processed a record volume of crude oil in May as increased factory output, agriculture and a jump in car sales boosted demand for fuel.
China aims to more than double its annual natural gas output to 160 billion cu m by 2015, and produce about 6 billion tons of oil in the next 30 years, or 200 million tons a year, Xinhua informed.