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Iraq's third-largest exporter of oil to China and the recent stresses: a sharp increase production capacity
2015/9/25
According to a Bloomberg News competent in global economic affairs of the news, that Saudi Arabia is still the biggest exporter of crude oil to China in August this year, and comes Angola in second place, while Iraqi oil exports exceeded to China Russian counterpart to become Iraq's third-largest exporter of oil to China, As Oman's oil exports exceeded exports to Iran occupies fourth place.
According to Chinese customs statistics, China imported 3.38 million tons of crude oil from Iraq in August, an increase of 25% over the same period last year, decreased Chinese imports from Russia from 3.77 million tons in July to 3.1 million tons in August. And increased Chinese imports of oil from Angola by 9.4% to reach 35.2 tons.
The analyst said the advisory body of energy, "MSCI International" Gao Jian] that the oil production capacity of Iraq is witnessing a sharp increase, trying to maintain its position within the exporting countries in the Middle East.
Experiencing the Chinese market at the present time matchup between the Petroleum Exporting Countries.
In this regard, you expect the International Energy Agency [IEA] that Asia consumes 23.5 million barrels of oil a day this year, accounting for about 25% of global consumption, while China consumes 11 million barrels of oil per day.
The agency expects that represents China's demand for a quarter of global oil demand next year.
With the decline in US demand for oil, all oil-exporting countries draws its sights on Asia, and China is the largest buyer of oil in the Asaa.anthy
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2015/9/25
According to a Bloomberg News competent in global economic affairs of the news, that Saudi Arabia is still the biggest exporter of crude oil to China in August this year, and comes Angola in second place, while Iraqi oil exports exceeded to China Russian counterpart to become Iraq's third-largest exporter of oil to China, As Oman's oil exports exceeded exports to Iran occupies fourth place.
According to Chinese customs statistics, China imported 3.38 million tons of crude oil from Iraq in August, an increase of 25% over the same period last year, decreased Chinese imports from Russia from 3.77 million tons in July to 3.1 million tons in August. And increased Chinese imports of oil from Angola by 9.4% to reach 35.2 tons.
The analyst said the advisory body of energy, "MSCI International" Gao Jian] that the oil production capacity of Iraq is witnessing a sharp increase, trying to maintain its position within the exporting countries in the Middle East.
Experiencing the Chinese market at the present time matchup between the Petroleum Exporting Countries.
In this regard, you expect the International Energy Agency [IEA] that Asia consumes 23.5 million barrels of oil a day this year, accounting for about 25% of global consumption, while China consumes 11 million barrels of oil per day.
The agency expects that represents China's demand for a quarter of global oil demand next year.
With the decline in US demand for oil, all oil-exporting countries draws its sights on Asia, and China is the largest buyer of oil in the Asaa.anthy
[You must be registered and logged in to see this link.]
