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China aug crude imports from iran up 17.5 pct y - y

China aug crude imports from iran up 17.5 pct y - y Source: www.yarnsandfibers.com
Date: 24-09-2013
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China's crude oil imports from Iran reached 436,296 barrels per day in August, up 17.54 percent from the same month last year. The figure was also 9.8 percent higher than July, data from the customs authority showed on Sunday.
 
China's imports of Iranian oil stood at 14.06 million tons over the first eight months of the year, according to official customs data, equivalent to 422,308 bpd and down 1.17 percent compared to the same period of 2012. China and other Asian importers of Iranian crude have to keep reducing the shipments to win waivers to U.S. sanctions.
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