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| China’s imports of Iranian oil up 50% in H1 |
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TEHRAN - China’s oil imports from Iran increased by around 50 percent in the first half of 2011 compared to the same period the year before, reaching near 13.5 million tons, the General Administration of Customs of the People's Republic of China announced this week. According to the report, China imported 650,000 barrels of Iranian oil per day in June, a jump of 53% from May. Iran was the third largest oil supplier to China in the first half of 2011, after Saudi Arabia and Angola. Saudi Arabia exported more than 24.1 million tons of oil to China and Angola supplied the Asian country 15.5 million tons of crude in the first six months of 2011. China imported 280,104 tons of naphtha from Iran from January 2011 to June 2011, which shows a 280% rise in comparison to the same period in 2010. Iran is the second leading exporter of naphtha to China. Iran’s liquefied petroleum gas (LPG) exports to China in the first half of 2011 hit 352,130 tons, which is an increase of 72% compared to the same period last year.   Socialize this Subscribe to our RSS feed to stay in touch and receive all of TT updates right in your feed reader
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| Last Updated on 23 July 2011 16:08 |