Sanchi tragedy slashed Iran’s oil exports to South Korea

2/18/2018 9:11:00 AM

Tehran (KNA) - Recent figures show that Iran’s exports of oil to South Korea dropped by almost a half in January after a tanker incident off China’s shores, but the country’s exports to India rose nonetheless by above 50 percent.

Figures released by Reuters show that Iran exported 224,632 barrels per day (bpd) to South Korea last month, indicating a plunge of 47 percent compared to the same period last year. The drop was the lowest since October 2016, the news agency reported. The fall in South Korea’s Iranian oil intake partly reflected the sinking last month of Iran’s Sanchi tanker which was carrying 136,000 tonnes of condensate

after a collision with a Chinese cargo ship. Sanchi sank after it was ablaze for almost a week off China’s eastern coast. Its condensate cargo was to be delivered to South Korea’s petrochemical company Hanwha Total Petrochemical. The tragedy left 32 crew members dead – 30 Iranians and two Bangladeshis.

Source: Press TV

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