Significant increase in Iranian oil exports

ایرانی تیل

TEHRAN: Iranian oil exports hit new highs in the last two months of 2022 and despite the US sanctions, 2023 got off to a good start, amounting to 1.23 million barrels.

According to the details, Tehran’s oil exports suffered a major decline in 2018 when former US President Donald Trump imposed sanctions on Iran’s government in 2015 to curb oil exports and related revenues.

A foreign news agency According to the report China is the largest buyer of Iranian oil as a result of the economic partnership between Tehran and Beijing since last year.

China’s Iranian oil imports hit a record high of 1.2 million barrels per day in December 2022, up 130 percent from the same period last year.

Information company “Kipler” estimates that Iranian crude oil exports in November stood at 1.23 million barrels per day, the highest level since August 2022, and roughly the same as the level reached in April 2019 (1.27 million barrels per day).

On the other hand, energy consultant SVB International has said that Iranian crude oil exports averaged 1.137 million barrels per day in December, which is 42,000 bpd higher than in November, SVB’s highest figure for 2022. Based on the estimates given earlier.