Poor margins, plant outage make Iran condensate a hard sell in China
Iran holds about 30 million barrels condensate in ships * Buyer Dragon Aromatics shut at least until end-Sept * Release to pressure condensate sellers Qatar, Australia BEIJING/SINGAPORE, July 29 (Reuters) - Any attempt by Iran to sell to China millions of barrels of ultra light crude built up in tankers over the last 2-1/2 years of sanctions is likely to be thwarted by poor refining margins and an outage at a major importer of the oil. Traders and company officials say Iran has little choice but to target China to buy the crude known as ...
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