S. Korea’s Iran crude oil import in October up 98.8

TEHRAN (ISNA)- South Korea’s crude oil imports from Iran rose 98.8 percent in October from a year earlier, while its total crude oil imports rose 12.6 percent year on year to 83.9 million barrels last month, data from state-run Korea National Oil Corp (KNOC) showed.

Crude oil stocks and oil product stocks do not add up to total end-month oil stocks because the total volume also includes byproducts obtained from initial refining, which are used to make premium oil products.

Details of the top five crude exporters to South Korea in October compared with both a month and a year earlier are as follows: Country Oct 2015 Sept 2015 Oct 2014 Saudi Arabia 23,343 19,647 22,452 Kuwait 11,216 11,652 13,289 UAE 10,550 9,109 10,288 Qatar 9,151 9,796 9,273 Iran 4,071 5,909 2,048.

Details of the top five crude exporters to South Korea in January-October compared with those of 2015 and 2014 are as follows: Country Jan-Oct 2015 Jan-Oct 2014 Saudi Arabia 256,341 240,437 Kuwait 115,010 114,937 Qatar 105,112 80,399 UAE 83,500 90,751 Iran 37,707 36,844

By ISNA