SEOUL: South Korea’s Iranian crude oil imports fell 2.7 percent in August year-on-year, while its shipments from the OPEC country in the first eight months of 2015 dropped 10.8 percent from the year before, meeting international sanction requirements.
Seoul brought 552,710 tons of crude from Iran last month, or 130,689 barrels per day (bpd), compared with 567,913 tons, or 134,284 bpd, a year earlier, preliminary import data from South Korea’s customs office showed on Tuesday.
The world’s fifth-largest crude importer bought 3.78 million tons, or 114,138 bpd, of crude from Tehran in January-August, compared with 4.24 million tons, or 127,944 bpd, in the same period in 2014.
