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KSA's volume of oil exports to China to remain unchanged in 2014  Join our daily free Newsletter

MENAFN - 15/01/2014
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(MENAFN) The volume of Saudi Arabia's oil shipments to #China will remain the same this year as it was in 2013, Arab News reported



The kingdom has been left with small room to up its oil exports to #China as #Iraq is offering cheaper prices and better payment terms to Asian buyers this year, and two new refineries in #China ae set to run on crude from suppliers in Kazakhstan, Russia and the Middle East




Despite the fact that Saudi Arabia's oil exports to #China will remain unchanged, it will remain China's leading crude supplier



A Beijing trader said: "None of the lifters have requested any additional volume for next year.

 
 


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