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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    The growth of Korea's imports of Iranian oil more than doubled in January

    Rocky
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      The growth of Korea's imports of Iranian oil more than doubled in January Empty The growth of Korea's imports of Iranian oil more than doubled in January

    Post by Rocky Thu 16 Feb 2017, 3:30 am

    [size=30]The growth of Korea's imports of Iranian oil more than doubled in January[/size]
    15/02/2017 04:17 | Number of Views: 427
    font size:   The growth of Korea's imports of Iranian oil more than doubled in January Font_decrease   The growth of Korea's imports of Iranian oil more than doubled in January Font_enlarge
      The growth of Korea's imports of Iranian oil more than doubled in January Thumbnail.php?file=13921216000151_PhotoI_380476113
    Direction Press / Agencies
    South Korea's imports of Iranian crude rose more than doubled in January from a year earlier with the increase of production Tehran to regain market share.
     
    Official customs data showed that South Korea, a senior Iranian oil buyer had imported 1.79 million tons of crude from Iran, equivalent to 424 thousand and 143 barrels per day in January, compared with 859 thousand and 223 tons a year earlier, and 1.55 million tons in the previous month .
     
    Iran and a member of the Organization of the Petroleum Exporting Countries (OPEC) are excluded from the lower supply reached by Member States last year's agreement. And approaching Iran's current production of 3.9 million barrels a day, according to Iran's oil minister last month.
     
    In contrast Purchases fifth it fell by the largest importer of oil in the world of Saudi crude 17.3 percent to 3.32 million tons, or 785 thousand and 84 barrels per day in the first month of 2017 compared with the previous month, in light of the largest oil exporter in the world's commitment to an agreement to reduce global supply.
     
    Overall, imported the fourth largest economy in Asia, 12.41 million tons of crude oil in January, or 2.93 million barrels per day, up 14 percent from 10.88 million tons a year earlier, but down 6.3 percent from 13.24 million tons in the previous month, according to figures from the customs.
     Final data are issued for the import of January oil for the Korean National Oil Corporation later this month.


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