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2022-08-21 05:11
Iraq is the third largest oil exporter to the Chinese government last July
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2022-08-21 05:11
Shafaq News/ Data from the General Administration of Chinese Customs showed that Iraq was the third largest exporter of oil to government refineries during the month of July of 2022.
The administration said in its schedule seen by Shafak News Agency; "Iraq exported 3.63 million tons of oil to Chinese government refineries during the month of July of this year, equivalent to (26.499 million barrels), equivalent to (854 thousand barrels per day), down by 22.10% over the same period last year."
She added that China's oil imports from Iraq during 7 months and from January to July amounted to 30.375 million tons, which is equivalent to (221.737 million barrels), down by 1.30% from the same period last year.
And she added, "Russia ranked first as the largest supplier of crude to China in July of 2022 after it displaced Saudi Arabia for the third month in a row, bringing its exports to China at 7.145 million tons, equivalent to 52.158 million barrels, and then Saudi Arabia came second, with its exports to China reaching 6.563 million tons, or equivalent to 47.909 million barrels.
According to the table, "Angola came fourth, with exports of 2.125, equivalent to 15.937 million barrels, and Brazil came fifth, with exports amounting to 1.026 million tons, equivalent to 7.489 million barrels."
And she pointed out, "China's imports of crude oil in July declined by 9.5% from the previous year, as daily trading volumes recorded the second lowest level in four years, as refineries reduced inventories and domestic demand for fuel recovered at a slower pace than expected."
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The administration said in its schedule seen by Shafak News Agency; "Iraq exported 3.63 million tons of oil to Chinese government refineries during the month of July of this year, equivalent to (26.499 million barrels), equivalent to (854 thousand barrels per day), down by 22.10% over the same period last year."
She added that China's oil imports from Iraq during 7 months and from January to July amounted to 30.375 million tons, which is equivalent to (221.737 million barrels), down by 1.30% from the same period last year.
And she added, "Russia ranked first as the largest supplier of crude to China in July of 2022 after it displaced Saudi Arabia for the third month in a row, bringing its exports to China at 7.145 million tons, equivalent to 52.158 million barrels, and then Saudi Arabia came second, with its exports to China reaching 6.563 million tons, or equivalent to 47.909 million barrels.
According to the table, "Angola came fourth, with exports of 2.125, equivalent to 15.937 million barrels, and Brazil came fifth, with exports amounting to 1.026 million tons, equivalent to 7.489 million barrels."
And she pointed out, "China's imports of crude oil in July declined by 9.5% from the previous year, as daily trading volumes recorded the second lowest level in four years, as refineries reduced inventories and domestic demand for fuel recovered at a slower pace than expected."
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