{"id":1757,"date":"2017-11-15T20:13:30","date_gmt":"2017-11-15T21:13:30","guid":{"rendered":"http:\/\/madaresharghi.com\/south-koreas-iran-crude-imports-fall-in-october\/"},"modified":"2017-11-15T20:13:30","modified_gmt":"2017-11-15T21:13:30","slug":"south-koreas-iran-crude-imports-fall-in-october","status":"publish","type":"post","link":"https:\/\/madaresharghi.ir\/en\/south-koreas-iran-crude-imports-fall-in-october\/","title":{"rendered":"South Korea&#039;s Iran Crude Imports Fall in October"},"content":{"rendered":"<p><a href=\"http:\/\/madaresharghi..com\">madaresharghi<\/a><br \/>\n<\/p>\n<p> \tSouth Korea\u2019s imports of Iranian crude oil fell 9.5% in October from the previous month, as the Middle Eastern country cut crude and condensate exports to Asia due to production setbacks.<br \/> \tSouth Korea, one of Iran\u2019s main Asian clients, brought in 1.65 million tons of Iranian crude in October, or 390,675 barrels per day, customs data showed on Wednesday. That is a 9.5% decline from 1.83 million tons in September, but still up nearly 83% from last year, Reuters reported.<br \/> \tIran is South Korea\u2019s main supplier of ultra-light oil, also known as condensate, but the data do not provide a breakdown of imports.<br \/> \tThe drop in Iran\u2019s oil exports to South Korea comes amid ongoing efforts by Tehran to ramp up its oil output since sanctions were lifted last year in a bid to recoup its lost market share.<br \/> \tBut Iran has experienced production setbacks and reduced its condensate shipments due to a \u201ctechnical problem\u201d at the South Pars Gas Field that has prompted 1-2 months of maintenance, the National Iranian Oil Company\u2019s director for international affairs, Saeid Khoshrou, told Reuters in late September.<br \/> \tOver January-October this year, oil shipments from Iran jumped 46.5% to about 15.7 million tons, or 378,447 bpd, versus 10.72 million tons during the same period of a year ago, according to the customs data.<br \/> \tOverall, the world\u2019s No.5 crude importer\u2019s total imports in October were 12.44 million tons, or 2.94 million bpd, up 7.4% from 11.59 million tons a year earlier, the data showed.<br \/> \tAlthough South Korea\u2019s total crude imports increased last month on-year, its crude imports from Saudi Arabia dropped 30.2% to around 2.7 million tons in October, or 634,876 bpd, from a year ago as the kingdom continues to curb its oil production as part of the OPEC-led supply cut deal to clear global oversupply.<br \/> \tFor the first 10 months of 2017, Korea\u2019s crude oil imports climbed 3.8% to 122.95 million tons, or 2.96 million bpd, compared with 118.44 million tons over the same period of last year.<br \/> \tSouth Korea\u2019s final October crude imports data are set to be released by state-run Korea National Oil Corp later this month.<\/p>\n<p> \t\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>madaresharghi South Korea\u2019s imports of Iranian crude oil fell 9.5% in October from the previous month, as the Middle Eastern country cut crude and condensate exports to Asia due to production setbacks. South Korea, one of Iran\u2019s main Asian clients, brought in 1.65 million tons of Iranian crude in October, or 390,675 barrels per day, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2,8],"tags":[296,118,28,31,159,639,178,56,213,84,95,82,68,22,23,27],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v15.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>South Korea&#039;s Iran Crude Imports Fall in October - madaresharghi | An Analytical Look at Middle Eastern Developments<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/madaresharghi.ir\/en\/south-koreas-iran-crude-imports-fall-in-october\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"South Korea&#039;s Iran Crude Imports Fall in October - madaresharghi | An Analytical Look at Middle Eastern Developments\" \/>\n<meta property=\"og:description\" content=\"madaresharghi South Korea\u2019s imports of Iranian crude oil fell 9.5% in October from the previous month, as the Middle Eastern country cut crude and condensate exports to Asia due to production setbacks. South Korea, one of Iran\u2019s main Asian clients, brought in 1.65 million tons of Iranian crude in October, or 390,675 barrels per day, [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/madaresharghi.ir\/en\/south-koreas-iran-crude-imports-fall-in-october\/\" \/>\n<meta property=\"og:site_name\" content=\"madaresharghi | An Analytical Look at Middle Eastern Developments\" \/>\n<meta property=\"article:published_time\" content=\"2017-11-15T21:13:30+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\">\n\t<meta name=\"twitter:data1\" content=\"2 minutes\">\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/madaresharghi.ir\/en\/#website\",\"url\":\"https:\/\/madaresharghi.ir\/en\/\",\"name\":\"madaresharghi | An Analytical Look at Middle Eastern Developments\",\"description\":\"madaresharghi | An Analytical Look at Middle Eastern Developments\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":\"https:\/\/madaresharghi.ir\/en\/?s={search_term_string}\",\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/madaresharghi.ir\/en\/south-koreas-iran-crude-imports-fall-in-october\/#webpage\",\"url\":\"https:\/\/madaresharghi.ir\/en\/south-koreas-iran-crude-imports-fall-in-october\/\",\"name\":\"South Korea&#039;s Iran Crude Imports Fall in October - madaresharghi | An Analytical Look at Middle Eastern Developments\",\"isPartOf\":{\"@id\":\"https:\/\/madaresharghi.ir\/en\/#website\"},\"datePublished\":\"2017-11-15T21:13:30+00:00\",\"dateModified\":\"2017-11-15T21:13:30+00:00\",\"author\":{\"@id\":\"https:\/\/madaresharghi.ir\/en\/#\/schema\/person\/c52e345120843d5f259215c4e809cdd2\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/madaresharghi.ir\/en\/south-koreas-iran-crude-imports-fall-in-october\/\"]}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/madaresharghi.ir\/en\/#\/schema\/person\/c52e345120843d5f259215c4e809cdd2\",\"name\":\"administrator\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/madaresharghi.ir\/en\/#personlogo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/901309319175b0d219e688b01909d220?s=96&d=mm&r=g\",\"caption\":\"administrator\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","_links":{"self":[{"href":"https:\/\/madaresharghi.ir\/en\/wp-json\/wp\/v2\/posts\/1757"}],"collection":[{"href":"https:\/\/madaresharghi.ir\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/madaresharghi.ir\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/madaresharghi.ir\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/madaresharghi.ir\/en\/wp-json\/wp\/v2\/comments?post=1757"}],"version-history":[{"count":0,"href":"https:\/\/madaresharghi.ir\/en\/wp-json\/wp\/v2\/posts\/1757\/revisions"}],"wp:attachment":[{"href":"https:\/\/madaresharghi.ir\/en\/wp-json\/wp\/v2\/media?parent=1757"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/madaresharghi.ir\/en\/wp-json\/wp\/v2\/categories?post=1757"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/madaresharghi.ir\/en\/wp-json\/wp\/v2\/tags?post=1757"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}