(Ahlul Bayt News Agency) - Didier Houssin, IEA director of energy markets and security, said on Tuesday that Beijing is the world’s second-biggest crude consumer and may continue to increase oil imports from Iran.
At the International Petroleum Week conference, he said, “China has been buying more crude and may continue to do so”.
Earlier this month, the IEA predicted that China’s purchases of Iranian crude would slow in the first three months of the year.
This comes while the IEA’s latest report predicts that China’s oil demand would rise by about 4 percent this year to 9.9 million barrels a day.
The increase in Beijing’s oil purchase from Tehran comes despite the recent Iran’s oil embargo imposed by the European Union.
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