China imports 2 mln barrels more of Iran oil, likely for reserves

22/6/2022 14:02

        China has received a new shipment of nearly 2 million barrels of Iranian oil in the past week at a southern port, according to shipping trackers, with one tracker saying the cargo is destined for state reserves.
        
        According to shipping tracking specialist Vortexa Analytics as well as U.S. advocacy group United Against Nuclear Iran, which specialises in tracking Iranian oil flows, he 260,000 tonne cargo, carried by vessel Dorena which is owned by the National Iranian Tanker Corp (NITC), was discharged at Zhanjiang port.
        A Vortexa analyst said the cargo was for state reserves. Previous imports of Iranian oil for China's state reserves have also been facilitated by NITC vessels and discharged at Zhanjiang.
        
        The cargo would be the fourth such shipment designated for state reserves since last December, and is likely to be reported by Chinese customs which is due to release detailed commodities import data for June next month.