China’s imports of Iranian oil rise 74% year on year in February

01 April 2013 07:20  [Source: ICIS news]

SINGAPORE (ICIS)--China imported 2m tonnes of crude from Iran in February, representing an increase of 74% year on year and 52% month on month, official data showed on Monday.

Imports of Iranian crude in the first two months reached 3.3m tonnes, up by 2.6% year on year, according to China Customs.

Saudi Arabia, Angola and Oman are the three biggest crude suppliers to China in February, with a volume of 4m tonnes, 2.6m tonnes and 2.2m tonnes, respectively.

The three largest suppliers’ shipments accounted for 19.2%, 12.7% and 10.8%, respectively, of China’s total imports in the month.

China’s total crude imports in February decreased 12% on year to 20.8m tonnes, the data showed.

By: Fanny Zhang
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