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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 decline in Iraq's oil exports to independent Chinese refineries

    Rocky
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    The decline in Iraq's oil exports to independent Chinese refineries Empty The decline in Iraq's oil exports to independent Chinese refineries

    Post by Rocky Wed Nov 09, 2022 7:01 am

    The decline in Iraq's oil exports to independent Chinese refineries

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    Economy News _ Baghdad
    Today, Wednesday, the Chinese Customs Administration announced a decline in Iraq's oil exports to 32 independent Chinese refineries by more than half, during the month of October 2022.
    And the administration showed in its statistics, which was reviewed by "Economy News", that "Iraq's oil exports to independent Chinese refineries decreased in October by 50.6 percent to reach 685 million metric tons, or the equivalent (5 million barrels), compared to September 2022, which amounted to 1.388 thousand. metric tons, or the equivalent of (10.132 million barrels), but it increased by 28.8% compared to the same month of last year 2021, in which oil exports to China amounted to 532,000 tons, or the equivalent of (3.883 million barrels).
    And she added, "Iraq's exports to independent Chinese refineries during 10 months, starting from January to the end of October 2022, amounted to 9.233 thousand metric tons, or the equivalent of (67.400 million barrels), an increase from the same period in 2021, in which exports to independent Chinese refineries amounted to 7.158 thousand. metric tons, or the equivalent (8.453 million barrels).
    She pointed out that "Iraq ranked seventh among the ten major oil-exporting countries to independent Chinese refineries, after it was ranked fifth in the month of September," noting that "Iraq came after Malaysia, Russia, Saudi Arabia, UAE, Oman and Kuwait."
    Despite the decline in imports of crude oil by Chinese oil companies for the month of October, Chinese oil sources indicated that inflows from the UAE, Saudi Arabia, Iraq, Oman and Kuwait are likely to increase further in the coming months as Sheng Hong Company looks forward to start its operations.

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    Added 11/09/2022 - 1:39 PM
    Update 11/09/2022 - 2:00 PM
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