{"id":404335,"date":"2021-03-11T11:08:12","date_gmt":"2021-03-11T05:38:12","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=404335"},"modified":"2021-03-11T11:44:48","modified_gmt":"2021-03-11T06:14:48","slug":"chinas-binge-on-iranian-oil-clogs-up-ports-and-storage-tanks","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/chinas-binge-on-iranian-oil-clogs-up-ports-and-storage-tanks\/","title":{"rendered":"China\u2019s binge on Iranian oil clogs up ports and storage tanks"},"content":{"rendered":"<p>China is gorging Iranian oil even as other nations wait for U.S. President Joe Biden to remove sanctions on the Islamic Republic.<\/p>\n<p>Crude shipments from Iran to the province of Shandong, home to a quarter of China\u2019s refining capacity, have surged so much this month they\u2019re causing congestion at ports and filling up storage tanks, according to traders and analysts.<\/p>\n<p>Chinese imports of Iranian crude will hit 856,000 barrels a day in March, the most in almost two years and up 129% from last month, said Kevin Wright, a Singapore-based analyst with Kpler. His figures include oil that\u2019s undergone ship-to-ship transfers in the Middle East or in waters off Singapore, Malaysia and Indonesia to obscure their origin.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>China is gorging Iranian oil even as other nations wait for U.S. President Joe Biden to remove sanctions on the Islamic Republic. Crude shipments from Iran to the province of Shandong, home to a quarter of China\u2019s refining capacity, have surged so much this month they\u2019re causing congestion at ports and filling up storage tanks, according to traders and analysts. Chinese imports of Iranian crude will hit 856,000 barrels a day in March, the most in almost two years and up 129% from last month, said Kevin Wright, a Singapore-based analyst with Kpler. His figures include oil that\u2019s undergone ship-to-ship [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,187],"tags":[],"class_list":["post-404335","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-oil-gas-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/404335","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=404335"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/404335\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=404335"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=404335"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=404335"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}