Kuwaiti oil exports to China up
The Kuwaiti crude oil exports to China rose 32.9% during the month of December 2010 to reach 537,000 tons, the equivalent of 127,000 barrels per day. This rise was for the seventh consecutive month.
The Kuwaiti General Administration of Customs said that Kuwait had provided China with 2.6% of its total oil imports, compared to 1.9% during the same period in 2009. The Administration added that Kuwait's total exports of crude oil to China in 2010, reached to US$ 9.83 million tonnes (198,000 barrels per day), up 39% on an annual basis.
- Arab conspiracy theorists, be thrilled: the US pentagon has spent $8 trillion to guard Gulf oil and destabilize the Middle East
- Desperate for an economic makeover, Egypt signs historic oil exploration deals with foreign firms
- Lebanon looks forward to liquefied natural gas to cut country's growing energy costs
- How Dubai Expo 2020 can benefit our planet and future generations
- Who will be the biggest losers after Iranian oil floods the market?