Iran exported just 196,000 b/d of crude in August according to figures from data intelligence firm Kpler, a new multi-decade low. China remains Iran’s key customer, importing 138,000 b/d in August, the lowest figure in at least a decade and down from 217,000 b/d for July and 208,000 b/d for June (MEES, 6 September). Of China’s August imports, half, some 69,000 b/d, went into the underground strategic petroleum reserve tanks at Jinzhou, Kpler reckons.
Iran’s only other remaining crude customers are Syria, and possibly Turkey. (CONTINUED - 247 WORDS)
