China Receives 1 Million Barrels Of Iranian Oil Cargo Post End Of Waivers - Foreign Affairs - Nairaland
Nairaland Forum › Nairaland General › Politics › Foreign Affairs › China Receives 1 Million Barrels Of Iranian Oil Cargo Post End Of Waivers (695 Views)
| China Receives 1 Million Barrels Of Iranian Oil Cargo Post End Of Waivers by laiza(op): 5:27am On Jun 28, 2019 |
A medium-sized Suezmax vessel owned by the National Iranian Tanker Company (NITC) departed from Iran’s Kharg Island terminal on May 24. The vessel called SALINA loaded approximately one million barrels of Iranian oil. SALINA arrived at the Jinxi Refinery, located near the Port of Jinzhou, near Beijing, on June 20. Notably, Jinxi is owned and operated by PetroChina, which is affiliated to China National Petroleum Corporation (CNPC), a long-time buyer of Iranian oil and the parent company of Bank of Kunlun, the financial institution that has been at the heart of China-Iran trade for the last decade. SALINA’s journey serves to confirm earlier reports that China had resumed purchasing Iranian petroleum products, including crude oil and liquid petroleum gas, despite the fact that such purchases would run afoul of U.S. sanctions. Several other tankers are expected to arrive in China in the coming weeks. Since April when the United States announced that buyers of Iranian oil should stop purchases by May 1 or face sanctions, China has been constantly opposing Washington’s policies toward Iran and Chinese officials have repeatedly announced that they will continue purchasing oil from Iran. In early May, Chinese Commerce Ministry announced the country’s opposition to unilateral U.S. sanctions against Iran, saying that cutting Iranian oil supplies will only worsen volatility in global energy markets. In late May, Reuters reported that Iran delivered 130,000t of fuel oil to China despite the U.S. sanctions. Later this month Bloomberg informed that China is still importing liquefied petroleum gas (LPG) from Iran after the U.S. imposed sanctions on the country’s oil industry. According to ship tracking data, the Paris-based energy researcher Kpler SAS estimated that at least five supertankers loaded Iranian LPG in May and June heading for China. China is Iran’s largest oil customer with imports of 475,000 barrels per day (bpd) in the first quarter of this year, according to Chinese customs data.
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| Re: China Receives 1 Million Barrels Of Iranian Oil Cargo Post End Of Waivers by reccy(m): 6:14am On Jun 28, 2019 |
Waoh, interesting.... Let the pig Master talk thrash again. The game is on !!! He think he can sanction Iran and everyone Will comply? Try nonsense with China and meet your end. I love this..... |
| Re: China Receives 1 Million Barrels Of Iranian Oil Cargo Post End Of Waivers by Flyingngel(m): 6:20am On Jun 28, 2019 |
Wahala go plenty well well for USA oo as China don bone buy oil for Iran so. |
| Re: China Receives 1 Million Barrels Of Iranian Oil Cargo Post End Of Waivers by seanfer(m): 6:31am On Jun 28, 2019 |
Where are those shouting USA will finish Iran in seconds? They don’t know that there are some world powers behind Iran. China,Russia,Turkey and Saudi Arabia will not sit down and watch USA do any thing to Iran. Iran has showed the whole world by bringing down the US drone that the USA can only make noise in the news and can’t lift a finger. Donald Trump should pick his fight wisely or else if Russia and China do collabo for US it won’t be a good thing. |
| Re: China Receives 1 Million Barrels Of Iranian Oil Cargo Post End Of Waivers by laiza(op): 7:11am On Jun 28, 2019 |
seanfer:Wise words. Some people watch too much Hollywood movies and think all those stunts are possible in real life against real threats. Iran alone is no push over, not to talk of a coalition of forces in the Middle East and Asia. It might be long and hard but America will surely come to her knees if she continues on this dangerous path. |
| Re: China Receives 1 Million Barrels Of Iranian Oil Cargo Post End Of Waivers by seanfer(m): 9:50am On Jun 28, 2019 |
laiza:Those shouting America will win don't know much about how the other Powerful countries are looking a way to bring America down to her knees... Russia and Turkey will never allow USA to use their Airspace or Land to attack Iran, Saudi and other Islamic countries will also not sit and watch Iran attacked... With the trade war with China and North Korea.. I don't see America coming out victorious... |
| Re: China Receives 1 Million Barrels Of Iranian Oil Cargo Post End Of Waivers by dermmy(m): 10:08am On Jun 28, 2019 |
China is a faithful ally |
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