China’s annual production of oil and gas may jump nearly 30% by 2015, with gas being the main growth driver, the Ministry of Land and Resources said. Production may rise from 280 million tons of oil equivalent last year to 360 million tons by 2015, or 7.3 million barrels a day, according to Peng Qiming, Director of the Ministry’s Geological Survey Department. Production of gas may surge to almost 300 billion cubic meters by 2030, up from 94.2 billion cu m in 2010, according to Peng, thanks to expansion in the Odors, Tarim and Sichuan basins and increasing deepwater exploration efforts in the South China Sea. Barclays Capital said China’s oil demand will jump 45% from 2010’s level to 13.6 million barrels a day by 2015, “significantly higher” than the consensus expectations of the International Energy Agency (IEA), the United States Energy Information Administration and the OPEC Secretariat. “That industrialization and rising income level have driven a steady increase in per capita energy demand in China is not news, but the sheer scale of that rise is startling,” Barclays Analyst Miswin Mahesh said in a report. Longer term, China’s oil and gas production may hit 410 million tons by 2020 and 450 million tons by 2030, according to Director Peng Qiming.