News & Reports News Year 2012 January ,2012 China's oil imports from Iran reach 427000 barrels a day in Nov.

China's oil imports from Iran reach 427000 barrels a day in Nov.


TEHRAN (ISNA)-China's oil imports from Iran reached 427 thousand and 720 barrels a day in November 2012, ISNA reported.
China's oil imports from Iran experienced a 6.3 percent drop compared to October and fell to 1 million and 760 thousand tons (about 427 thousand and 720 barrels) a day.
This is while China has imported 456 thousand and 240 barrels a day, in October. This quantity was also 619 thousand and 610 barrels in November 2011, the same month last year.
The amount of China's oil imports from Iran in the first 11 months of 2012 were a total of 19 million and 400 thousand tons (422 thousand and 800 barrels a day) which has faced a 23 percent decline compared to the same period last year; this is mainly because of the decreased amount of imports from Iran in the first three months of 2012 due to the two-sided conflicts on periodical contracts and Iran's delay in delivery of oil to China.