S Korea\\\'s Iran oil imports drop in October
Sunday, 16 November 2014
SEOUL, Nov 15 (Reuters): South Korea's imports of Iranian crude in the first 10 months of 2014 were below the 2013 average, meeting international sanction requirements, and it imported nearly 120,000 tonnes from the United States as it brought the first Alaskan crude in a decade.
Preliminary customs data from the world's fifth-largest crude importer showed on Saturday that Seoul bought 283,287 tonnes of crude oil from Tehran last month, or 66,984 barrels per day (bpd), compared with 420,402 tonnes the year before.
Iranian crude shipments between January and October into Asia's fourth-largest economy hit more than 5 million tonnes, or 122,564 bpd, down 9 per cent from a year ago.