U.S. waiver allows China to buy 360,000 bpd of Iran oil for 180 days
Petroleumworld 11 07 2018
A U.S. waiver to sanctions on Iran allows China to buy 360,000 barrels per day (bpd) of oil from the Islamic Republic for 180 days, two sources familiar with the matter told Reuters on Tuesday.
The waiver includes conditions, including requiring the disclosure of counter-parties and settlement methods, one of the sources said.
China purchased an average of 655,000 bpd from Iran during the January-September period, according to Chinese customs data.
Reporting by Aizhu Chen, Editing by Tony Munroe and Sherry Jacob-Phillips from Reuters.
reuters.com 11 06 2018
Copyright© 1999-2018 Petroleumworld or respective author or news agency. All rights reserved.
We welcome the use of Petroleumworld™ (PW) stories by anyone provided it mentions Petroleumworld.com as the source.
Other stories you have to get authorization by its authors. Internet web links to http://www.petroleumworld.com are appreciated.
Petroleumworld welcomes your feedback and comments, share your thoughts on this article, your feedback is important to us!
We invite all our readers to share with us
their views and comments about this article.
Write to firstname.lastname@example.org
By using this link, you agree to allow PW
to publish your comments on our letters page.
Any question or suggestions,
please write to: email@example.com
Best Viewed with IE 5.01+ Windows NT 4.0, '95,
'98,ME,XP, Vista, Windows 7,8,10 +/ 800x600 pixels
November 13 - 15, 2018.
Gubkin University, Moscow
SPE Student Chapter