Здравствуйте. Вся информация этого сайта бесплатна без рекламы. Вы можете сделать пожертвование и поддержать развитие этого сайта. Спасибо.

Hello. This site is free without ads. You can make a donation and support the development of this site. Thank you.

2014-05-16 19:32:00

IRAN DOUBLES OIL

IRAN DOUBLES OIL

Iran exported 552,884 tonnes of crude to South Korea last month, or 135,088 barrels per day (bpd), compared with 274,808 tonnes a month ago, according to news agency Reuters.

South Korea took 2.2 million tonnes, or 135,982 bpd, in the first four months of this year from the Islamic republic, down 8 percent from the same period in 2013 and slightly more than the average 134,000 bpd for all of last year.

South Korea and other Asian buyers are supposed to hold their crude imports from the OPEC member at end-2013 levels, under the terms of the Geneva accord between Iran and six major powers that took effect in January and eased some sanctions on Tehran in exchange for curbs to its nuclear programme.

In South Korea, only SK Energy and Hyundai Oilbank of four refiners buy Iranian oil. The country's Iran oil imports often swing widely month to month as one of the two usually buys the crude only every other month.

SK Energy, South Korea's largest refiner, shut its 260,000-bpd No.5 crude distillation unit (CDU) and its 57,000-bpd No.1 gasoline-making unit in the second quarter for maintenance after it closed a vacuum residue desulfurizer from March to April.

Hyundai Oilbank also shut its No.1 110,000-bpd CDU in April for maintenance.

A tanker loading schedule seen by Reuters in April suggests that South Korea will be importing very little oil from Iran in May due to the maintenance closures.

South Korea, Asia's fourth-largest economy, imported a total of 9.5 million tonnes of crude last month, or 2.3 million bpd, compared with 9.3 million tonnes in April last year, the customs data showed.

Final data for April crude oil imports will be released by state-run Korea National Oil Corp later this month.

India cut its Iranian crude imports by 42 percent in April from March, tanker arrival data obtained from trade sources showed on Wednesday, in a sign other Asian buyers are reining in an early-year buying spree that took Tehran's exports well past levels allowed under the Geneva deal.

arabianoilandgas.com

Tags: IRAN, OIL, KOREA, OPEC

Chronicle:

IRAN DOUBLES OIL
November, 15, 15:25:00

OIL PRICE: ABOVE $61 AGAIN

REUTERS - Brent crude futures LCOc1 were down 72 cents at $61.49 per barrel at 1020 GMT, having fallen by 1.5 percent on Tuesday, its largest one-day drop in a month. U.S. West Texas Intermediate (WTI) crude CLc1 was at $55.12 per barrel, down 58 cents.

IRAN DOUBLES OIL
November, 15, 15:20:00

IEA COOLS THE MARKET

BLOOMBERG - Prices dropped during the session as the International Energy Agency said the recent recovery in oil prices, coupled with milder-than-normal winter weather, is slowing demand growth. The worsening outlook for consumption dampened some of the enthusiasm that OPEC and its allies will extend supply curbs.

IRAN DOUBLES OIL
November, 15, 15:15:00

IEA: GLOBAL ENERGY DEMAND UP BY 30%

Global energy needs rise more slowly than in the past but still expand by 30% between today and 2040. This is the equivalent of adding another China and India to today’s global demand.

IRAN DOUBLES OIL
November, 15, 15:10:00

RUSSIA'S OIL EXPORTS UP

Product exports have grown significantly over the past several years and are expected to continue to grow as Russian refineries add capacity to produce more high-quality products.

All Publications »
Exchange Rates
Date: 00:00 00:00
USD 0.00 0.00
EUR 0.00 0.00
GBP 0.00 0.00
UAH 0.00 0.00
ADR bid ask
GAZPROM 0.000.00
LUKOIL 0.00 0.00
ROSNEFT 0.00 0.00
SURGUTNEFTEGAZ 0.000.00
TATNEFT0.00 0.00