Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Latest News

China shipped in over 295,000 bpd of Iranian oil in 2019: customs

byCT Report
04/02/2020
in Latest News
Share on FacebookShare on Twitter

China imported 295,400 barrels per day (bpd) of Iranian crude oil on average during 2019, despite U.S. pressure to wipe out oil exports from Iran to the country, IRNA reported, citing Chinese customs data.

The Asian country imported around 405,000 tons of crude oil in December while annual volumes totaled 14.77 million tons, about half the imports of 2018, the data showed.

You might also like

FBR fails to recover Rs5.62b in taxes from 106 taxpayers

11/08/2026

Faheem Saigol stresses competitive access to Iranian market

11/08/2026

As reported by the South China Hong Kong newspaper, despite all the U.S. efforts, China is still one of Iran’s biggest trade partners.

China has remained Iran’s top oil buyer despite sanctions Trump unilaterally re-imposed on Tehran’s oil exports in 2018 after withdrawing the United States from the 2015 Iran nuclear deal between Tehran and six world powers.

Since April 2019, 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.

China imported about 494,000 barrels a day of Iranian crude in the first five months of this year, compared with more than 660,000 barrels a day in the same period in 2018.

The United States on Friday lifted sanctions on one of two units of the Chinese tanker company COSCO, the U.S. Treasury said, partially reversing its punishment on the company for transporting Iranian oil after China complained about the measure in trade talks with Washington.

Related Stories

FBR fails to recover Rs5.62b in taxes from 106 taxpayers

byCT Report
11/08/2026

LAHORE: The Federal Board of Revenue has failed to recover Rs5.62 billion in taxes from 106 taxpayers across 14 field...

Faheem Saigol stresses competitive access to Iranian market

byCT Report
11/08/2026

LAHORE: Pakistan Industrial and Traders Associations Front (PIAF) Chairman and Lahore Chamber of Commerce and Industry (LCCI) President Faheem-ur-Rehman Saigol...

Neelum-Jhelum project unlikely to generate electricity before 2028

byCT Report
11/08/2026

ISLAMABAD: The Neelum-Jhelum Hydropower Project is unlikely to resume electricity generation before 2028, with repair work on the 979-megawatt facility...

Roshan Digital Account inflows rise 52pc to $282m in July

byCT Report
11/08/2026

KARACHI: Investment inflows through Roshan Digital Accounts (RDAs) increased by 52% year-on-year to $282 million in July 2026, reflecting stronger...

Next Post

Energy firms cry foul over hike in customs duty on solar equipment

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.