February 20, when it comes to Iran to cut off the things of the British and French oil, said Chinese Foreign Ministry spokesman Hong Lei, China has consistently advocated to resolve disputes between countries through dialogue and negotiation, not in favor of pressure and confrontational approach to solve the problem.
Since the Iranian threat will be interrupted since the European oil supply, the outside world began to pay close attention to the new flow of Iranian crude oil. British media reported that Iran is struggling to want to account for 1/4 of the annual export volume of oil to find a buyer. Agreement of the National Iranian Oil Company and a joint petrochemical exposure, rapid media said 50 million barrels / day equivalent to the 2011 Iranian oil exports to China doubled.
Sinopec headquarters relevant person in charge refused to respond on the 19th, the trade contract is the company's trade secrets, we will not disclose.
February 21 World steel pipe network editing , the Japanese media, Japan may be through an annual reduction of at least 11 percent of Iran's crude oil imports in exchange for the immunity of U.S. sanctions, expected by the end of this month to reach a formal agreement.
December 31, 2011, U.S. President Barack Obama signed the bill, said that out of concerns about Iran's nuclear program, will increase sanctions against Iran to cut off Iran's foreign oil trade capital chain. The EU, followed on January 23 adopted a resolution to the oil embargo against Iran from July this year. Europe and the United States to increase sanctions against Iran, Iran was a strong response, threatened to interrupt oil supply to Europe. The international community its eye on the other Iraq policy - especially their attitude towards Iran's nuclear program, as well as whether to follow the United States and Europe against Iran oil sanctions.
As the world's top five oil-exporting countries, the 2011 Iranian oil output by 3.5 million barrels a day export oil of 2.5 million barrels, of which 70% east exports to China and other Far Eastern markets; more importantly, the 2011 BP World Energy Statistical Review of annual report said that Iran has the sustainable exploitation of 88 years of oil reserves, which is the second longest countries in the sustainable exploitation of oil reserves in the world; 2010, the Iranian official also claimed that its oil reserves of 1503 billion barrels , second only to Saudi Arabia, the second highest in the world.
"The current global surplus production capacity of the largest Saudi Arabia, its spare capacity, there was only 275 million barrels / day. If Iran stopped exporting oil in oil importers such as China, Japan and India's economy will face huge losses, international oil prices may thus soared to $ 150 / barrel at the top. The executives pointed out that a Sinopec Economic Research Institute.
On the other hand, in early February this year, Iranian Oil Minister Ross Gautam Jia Semi surprise visit to the Far East, China and other large customers, and oil supply agreement signed with the United Petrochemical.
"At present, the world's major oil importing countries to consider the diversification of oil imports, but due to resource endowments, such a scheme is difficult to achieve, so that countries will be actively planning for the strategic petroleum reserve, so that the oil crisis Buzhi Yu too much impact on the local economy. But this must not be lasting, the highest proportion of oil reserves in Japan, only to maintain 90 days of its oil consumption, Economic Research Institute of Sinopec senior frankly.
According to him, the 2011 Iranian exports of 27.76 million tons of crude oil, the equivalent of 500,000 barrels / day, the Sino-Iraqi cooperation in trade does not extend. However, in January of this year, Sinopec view of the worries of the Iranian nuclear crisis, half of purchasing Iranian crude oil, less than some high-priced procurement from Russia and other, "With the signing of the agreement of Iraq's oil UNIPEC will resume purchases of the past . "
In fact, in addition to pull outside the Chinese endorsement World steel pipe network editing , the use of rich oil resources chips, Iran has also sought to India and even the United States a close ally of Japan pull the chariot of the common fight against the United States and Europe.
"The report, pointed out familiar with the situation in the oil.
Therefore, China, India, Japan and other countries can not give up the import of Iranian oil.
In addition, since the Iranian nuclear crisis, Iran's military conducted several military exercises These exercises no not Iran's ability to control the Persian Gulf region, especially oil throat, the Strait of Hormuz blockade. Strait of Hormuz is not only important oil export channel in Iran, Iraq, Kuwait and other OPEC (OPEC) oil-producing countries must pass through the export channel, 40% of the global oil trade in a day are required to came by.
In January of this year, U.S. Treasury Secretary Timothy Geithner surprise visit to the Sino-Japanese and India, expect to be able to convince these countries with Western sanctions against Iran to stop the import of Iranian oil. Subsequently, in the Middle East visit to the U.S. House of Representatives Majority Leader Cantor said, "the Saudi government said they are ready, definitely has the ability to meet all customer needs.
Obvious to all, the Iran announced high-profile joint petrochemical, and its meaning is deeper pull Chinese stir into the Iranian nuclear crisis - "Let the Chinese for their endorsement" of action against the West.
In fact, since the Iranian nuclear crisis, the United States and Iran that use oil for political game, but there is no party dare to delicately combat, because the consequences of Iran's oil export interruption parties are difficult to bear.
February 19, Iran announced a high profile to cut off oil supplies to Britain and France. Western media have speculated that Iran would originally sold to Europe's oil sold to China or India?
Joint Petrochemical is a wholly owned subsidiary of Sinopec's responsible for the international oil trade, China's largest crude oil importer in 2011 its international trade amounted to 234 million tons.
Around the oil from Iran, the international game more and more complex and secretive.
Prior to Iran, "Tehran Times" reported that the National Iranian Oil Company and China International United Petroleum Limited Liability Company ("Sinopec") reached an agreement to this year, the number of Iran's crude oil exports to China rose to 500,000 per day barrel; the same time, Iran's Oil Ministry also announced that Iran has stopped the sale of oil to the British and French companies and the oil will be sold to new customers.
However, the official pointed out that China's dependence on foreign oil has nearly 60 percent, the diversification of oil sources is an inevitable choice. Iran has announced a high profile this issue obviously has a greater political purpose, but any decision of the Chinese government and Chinese oil companies are made in accordance with their own actual situation of independence, not only will not bow to Western pressure, it will not be destroyed with Some diplomatic environment for cooperation.