BEIJING (Reuters) - China National Petrolem Corporation (CNPC) will increase its production of refined oil after the fuel price hike by the government last week, the official Xinhua news agency reported on Friday.

The parent of listed PetroChina will process 800,000 tonnes, or about 3 percent, more crude oil in the third quarter compared with the same period last year, Xinhua reported.
Third-quarter output of refined oil would be up 580,000 tonnes on the previous year, it said. CNPC produced 17.6 million tonnes of gasoline, diesel and kerosene in the three months of July to September in 2007.
CNPC was on track to process about 6 percent more crude oil in June than in May, Xinhua added.
“We’ll focus on meeting the demand of quake recovery work, farm production, Olympics, major projects and public utilities,” the company was quoted as saying.