24 April 2013 04:45 [Source: ICIS news]
SINGAPORE (ICIS)--China imported 5m tonnes of crude from Iran in the first quarter, representing an increase of 17.2% compared with the same period last year, official data showed on Wednesday.
In March alone, its crude imports from Iran spiked to 1.7m tonnes, up 61.1% year on year, according to China Customs.
Iran accounted for 7.5% of China’s crude imports last month totaling 23m tonnes.
Saudi Arabia is China’s biggest supplier of crude with a 19% share, based on 4.4m tonnes of crude shipments in March, official statistics showed.
Angola is the second biggest with 3.4m tonnes of supply sent to China, with Iraq coming in third with 2.0m tonnes of crude exported to the northeast Asian country last month.
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections