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News ID: 82250
Publish Date : 30 August 2020 - 21:27

Beijing Continues Iranian Oil Imports - Data

BEIJING (Dispatches) - Official Chinese data showed this week that China imported 120,000 barrels per day (bpd) of oil from Iran in July as Beijing returns to reporting crude imports from the Islamic Republic.
China’s oil imports from Iran averaged 77,000 bpd between January and July this year, nine times lower than the figures China had reported before the U.S. re-imposed sanctions on Iran’s oil industry and exports.
In reality, various reports, media investigations, and tanker-tracking firms suggest that China is receiving much more oil from Iran than the official figures report.
Iran is exporting a lot more crude oil than U.S. figures suggest, data from TankerTrackers.com has revealed, as reported by NBC News.