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China's Iran oil imports to rebound in Dec as buyers use U.S. waivers

Reuters  |  BEIJING/SINGAPORE 

By Chen Aizhu and Florence TanBEIJING/SINGAPORE (Reuters) - China's Iranian oil imports are set to rebound in December after two state-owned refiners in the world's largest oil importer began using the nation's waiver from U.S. sanctions on Iran, according to industry sources and data on Refinitiv Eikon. Sinopec resumed Iran oil imports shortly after Tehran's biggest crude buyer received its waiver in November, while China National Petroleum Corp (CNPC) will restart lifting from its own Iranian production in December, three sources with knowledge of the matter told Reuters. Reuters reported ...

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First Published: Fri, December 07 2018. 14:09 IST
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