China imports more Iranian oil

China has increased its oil imports from Iran following the settlement of ambiguities by the two countries regarding the terms of the existing crude sale agreements.

Customs data indicated that China added 133,902 barrels per day to its crude shipments from Iran in May, increasing its Iranian oil purchase by 34.5 percent from the level of 388,034 barrels per day in April, Reuters reported on Thursday.

The rise in China's crude shipments from Iran was aimed at offsetting a plunge in the oil imports in the first quarter of 2012.


/PressTV/