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Perhaps Iran can sell some of Syria's oil also. After all oil is oil.
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Perhaps Iran can sell some of Syria's oil also. After all oil is oil.
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China oil imports from Iran up by 30%
By Presstv.com
China's General Administration of Customs announced on Saturday that the figure shows the world's second largest economy traded in nearly 557,000 barrels of oil from Iran on a daily basis last year, The Wall Street Journal reported.
Customs data showed that China's full-year crude imports totaled 253.78 million metric tons, up by 6.1 percent in 2011.
China's overall crude imports for December 2011 stood at 21.92 million metric tons, up 5.1 percent in comparison with the same period in the previous year.
Chinese Prime Minister Wen Jiabao said on January 19 that his country would continue oil trade with Iran in defiance of proposed US and European sanctions which aim to stop Iran's oil exports.
Speaking to reporters during the last leg of his Persian Gulf tour in the Qatari capital, Doha, Wen said Beijing would continue normal trade relations with Tehran while supporting UN Security Council resolutions on Iran's nuclear issue.
"China's oil trade with Iran is a normal commercial activity," he added.
China's prime minister said, "I believe that China is not the only country to buy oil from Iran... Legitimate trade has to be protected if global economic chaos is to be avoided."
He also underlined his country's firm opposition to development and possession of nuclear weapons by any country, calling for the establishment of a nuclear-free zone in the Middle East.
China's rapid growth in recent years has seen a surge in demand for oil in the country.
