Saturday, April 28, 2012

China, India Major Importers of Iranian Crude


The National Iranian Oil Company (NIOC) Director General for International Affairs says China and India remain the major importers of crude oil from the Islamic Republic.

“China has not reduced its oil imports from Iran, but has increased it compared to last year,” SHANA quoted Mohsen Qamsari as saying on Saturday.

He added that India is the second major importer of Iranian oil, saying, “in addition to long-term contracts, Iran’s costumers buy oil in the form of spot packages. Therefore, we must wait until the end of the year to find out which country purchased the most [oil].”

"Iran has extended contracts with all of its costumers for the year 2012 and before the imposition of sanctions,” Qamsari said. More...

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