Exclusive: China, India Plan Iran Oil Cuts Of 10 Percent Or More

BEIJING/NEW DELHI (Reuters) - China, India and Japan are planning cuts of at least 10 percent in Iranian crude imports as tightening U.S. sanctions make it difficult for the top Asian buyers to keep doing business with the OPEC producer.

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  • Exclusive
    February crude loadings by Iran's top four buyers - China, India, Japan and South Korea - rose to 1.16 million bpd versus 994,669 bpd in January, according to the loading plan. Adding in oil lifted by Turkey - which came in at 105,824 bpd in January and ...
    03/19/2014 - 5:20 am | View Link
    India, with the increases already made in the January-March loading plans from Iran, has to cut its purchases of ... Since the interim deal was signed, purchases of Iranian oil by its top four buyers - China, India, Japan and South Korea - have been ...
    03/11/2014 - 1:46 am | View Link
  • Exclusive
    A second tracking source familiar with Iran's shipments, who estimated an increase of 60,000 bpd in January, said he had seen a pick-up "especially in India ... up on cuts from previous months. A source with a Japanese buyer of Iranian oil said import ...
    01/22/2014 - 12:22 am | View Link
  • Exclusive
    India and South Korea were extended in November. China's waiver, together with November's diplomatic breakthrough, may have taken some pressure off the U.S.-listed Sinopec, the world's single largest Iranian oil processor, to make further cuts.
    12/31/2013 - 8:00 am | View Link
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    Under its long-term energy plan, Pakistan hopes to produce more than 40,000 MW of electricity through nuclear plants by 2050. The United States sealed a nuclear supply deal with India in 2008, irking both China and ... to North Korea, Iran and Iraq.
    12/23/2013 - 11:03 pm | View Link
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