Posted inNews

South Korea increases imports of Iranian oil

Iran's total exports still within acceptable levels under the terms of international sanctions

South Korea increases imports of Iranian oil
South Korea increases imports of Iranian oil

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.

Staff Writer

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and...