Selling oil to Asian customers, China is the largest buyer
China sells oil to Asian customers China is the biggest buyer: Argus, which has been the source of information from the Organization of Petroleum Exporting Countries (OPEC) since January last year, received 744,000 barrels of crude oil from China in August. , Announced the largest customer for Iran. Argus magazine announced: Iran’s oil exports in August (August-September) 2016 compared to July (July-August) experienced a significant increase of 595 thousand barrels per day and reached 2 million According to the publication, China’s crude oil imports from Iran increased by 180,000 units to 744,000 barrels per day. India’s crude oil imports from Iran also increased by 121,000 barrels per day and 610,000 barrels per day. The imports of crude oil from Japan and South Korea from Iran in the mentioned period decreased by 21 thousand and 13 thousand barrels per day, respectively, and reached 236 and 278 thousand barrels per day.
Argus considered the daily increase of 152 thousand barrels of Iranian oil exports to Europe to be significant, as a result of which Iran’s exports to this region reached 387 thousand barrels per day in August. Turkish crude oil imports from Iran increased by 91 thousand barrels per day to It reached 194,000 barrels per day. According to IRNA, Iran’s crude oil exports at the time of the sanctions were one million barrels per day, which has been increasing since the lifting of sanctions in January last year.
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