Global Business in Iran Database

In-depth metrics and analysis of Iran's international economic partnerships.

Newsletter Signup
Critical Threats Quick Take List Signup
selected project

Sinopec, CNPC, Crude Oil Imports

description

Sinopec analysts say that China will import 400,000 bbpd of crude from Iran in 2010.  Because of supply cuts from Saudi Arabia, China actually imported 500,000 bbpd this year, nearly 25 percent more crude than in 2008.   

Status

  • Current Status:
  • Discussion Date: Wed, 2009-11-11
  • Contract Date:
  • Completion Date:

Citation

1. "Sinopec to Get over-20mn-ton Crude Oil from Iran in 2010", Trading Markets, 11 November 2009, available at http://www.tradingmarkets.com/.site/news/Stock%20News/2643921/.

2. "China to maintain crude oil imports from Iran ", The Peninsula, 11 November 2009, available at http://www.thepeninsulaqatar.com/Display_news.asp?section=Business_News&....

All projects by China National Petroleum Corporation