Iran leases oil storage in China, ships crude to India from there -sources
Workers check the valve of an oil pipe at Nahr Bin Umar field, north of Basra, southeast of Baghdad, November 16, 2014. Picture taken November 16, 2014./ (Reuters) - Iran leased oil storage at Dalian port in China earlier this year and has made at least two deliveries of crude from there to India and one to South Korea, according to sources with knowledge of the matter. Iran, besides having to cope with western sanctions that have cut its oil exports by more than half, has been battling along with other Middle East producers to hold onto ...
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