South Korea increased its imports of Iranian crude oil by 6.5% in November from a year earlier. However, the country’s total exports for the first 11 months of the year were still below the 2013 average and within the limits set by international sanction requirements.
South Korea bought 567,611 tonnes of crude oil from Iran last month (138,686 bpd), compared with 532,851 tonnes a year ago.
Iranian crude shipments between January and November were 5.65 million tonnes (124,012 bpd), representing a fall of 7.6% from a year earlier and 7.5% below the 2013 average of 134,000 bpd, according to data provided by Reuters.