China’s crude oil imports from Iran during the first two months of 2014 have risen 36.2 percent year-on-year as sanctions eased against the Islamic Republic, Press TV said.
China lifted 558,877 barrels per day (bpd) of oil from Iran in January and February.
Four moths ago, Tehran reached a deal with the six nations leading international sanctions over Iran’s nuclear energy program.
Iran and the United States, Britain, France, Russia and China, plus Germany, signed the Geneva deal on November 24, 2013.
Under the Geneva agreement, Iran obtained some sanctions relief in exchange for limiting aspects of its nuclear program for six months, when a new agreement would be negotiated.
“A Reuters report on Wednesday showed that Iran’s top oil importers have bought more than 1 million bpd since November, making February the fourth straight month in which Tehran’s oil exports increased,” Press TV said.
February crude loadings by Iran’s top four buyers – China, India, Japan and South Korea – rose to 1.16 million bpd, according to the report.