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

Iranian CG, Saigol inaugurate Wall of Iqbal at LCCI

23/09/2026

Chairman FBR meets delegation of tax bar association at LTO Lahore

23/09/2026

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

Iranian CG, Saigol inaugurate Wall of Iqbal at LCCI

byCT Report
23/09/2026

LAHORE: Iranian Consul General Mehran Movahedfar and Lahore Chamber of Commerce and Industry (LCCI) President Faheem Ur Rehman Saigol jointly...

Chairman FBR meets delegation of tax bar association at LTO Lahore

byCT Report
23/09/2026

LAHORE: As part of the initiative undertaken in line with the directives of the Prime Minister, Chairman Federal Board of...

Govt digitizes civil servants’ asset declarations via new FBR Portal

byCT Report
23/09/2026

ISLAMABAD: The federal government recently issued a memorandum to digitize income and asset declarations for senior civil servants. Officers in...

Finance minister advances energy, aviation, healthcare, climate goals at UNGA

byCT Report
23/09/2026

UNITED NATIONS: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, held high-level meetings on the sidelines of the 81st...

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.