China imports 39% more Iranian crude in May over April

26 June 2012 07:52  [Source: ICIS news]

SINGAPORE (ICIS)--China imported 2.2m tonnes of Iranian crude in May, an increase of 39% over April but a decrease of 2.3% year on year, according to customs data.

That made Iran the third biggest crude supplier to China in the month, following Saudi Arab and Angola, China Customs data showed.

Saudi Arab and Angola shipped 4.4m tonnes and 3.9m tonnes of crude respectively to China in May, up by 12.4% and 40.1% year on year respectively.

Its total imports of Iranian crude in the first five months dropped 25% year on year to 8.1m tonnes.

The data also indicated that China imported a record high of 25.5m tonnes of crude in May.

By: Fanny Zhang
+65 6780 4359

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