PetroChina races to meet demand


HONG KONG: PetroChina Co Ltd pumped 11.7% more oil and gas in the second quarter as it raced to meet the energy demands of the world's fourth largest economy, putting it on track to smash its full-year production target. 

The output figures also position Petrochina, which is due to report interim earnings next month, to earn the biggest profit of any Asian company in the first half, according to CLSA analyst Gordan Kwan. 

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