China continues buying Iranian LPG despite U.S. sanctions

Direct from the Tehran Times!!! So where else would you expect me to get this from? CNN? Nah


China continues buying Iranian LPG

According to Ship tracking data, Kpler estimates that at least five supertankers loaded Iranian LPG in May and June heading for China. That would equate to around $100 million of the gas, according to Bloomberg calculations. Chinese buyers turned to Iran after Beijing slapped a 25 percent tariff on the gas imports from U.S. last August as the trade tussle heated up between the two nations. Iran accounted for around a third of imports in April, before Donald Trump imposed new sanctions on the country in May, aiming to block its energy exports. To avoid running afoul of the U.S. sanctions, LPG importers in Asia’s largest economy would have to turn to more expensive supplies from elsewhere in the Middle East or Africa.

a reply to: Waterglass


And the truly ironic part is since we're the world's ocean police they don't have to spend any money patrolling the Gulf and surrounding area. Win/win for China.

a reply to: AugustusMasonicus

Hey now..
India is helping patrol the gulf...

www.abovetopsecret.com...

Still a win for china though.....lol

a reply to: Bluntone22


They're only watching out for their own ships, we watch out for everyone's ships.

It's not a law for other country's but if you ignore those sanctions the US pusnish that country.

Like with the EU recently who wanted to bypass the US sanctions got this warning:

"Entities that continue to engage in sanctionable activity involving Iran risk severe consequences that could include losing access to the US financial system and the ability to do business with the United States or US companies," he said.

Nice dictatorial behavior...

a reply to: AugustusMasonicus

Every little bit helps right?

Haha

Probably just get in the way...

In this day and age I say screw the schoolyard bully.

Lags

Aren't we supposed to call it freedom gas?

Funny how we only have a problem with countries who nationalize their oil and gas industries. Oh well. I'm sure it's just coincidence

a reply to: Waterglass

Why should China, or any other country care about US sanctions?

The US wants Irans oil, we get it - just leave the rest of the world alone.

a reply to: Sanitarium79

The US wants Irans oil, we get it - just leave the rest of the world alone.

That will fall on deaf ears. Most of the US population is apathetic, uninformed, or buy into the government fear campaign about our "threats".

originally posted by: underwerks

Funny how we only have a problem with countries who nationalize their oil and gas industries. Oh well. I'm sure it's just coincidence

Well, to be fair we don't have a problem with Norway.



Yet.

a reply to: CriticalStinker

Just curious, but why do you think we want Iranian oil ?

a reply to: CriticalStinker

Since you are always shifting who seems [in your opinion] to get a better deal at the end of the trickle down economy, freedoms and lifestlye. A USA or Iran citizen?

a reply to: Sanitarium79

The US wants Irans oil, we get it - just leave the rest of the world alone.

Have you ever heard about FRACKING in the USA? We don't need their oil.

FORBES:How The Fracking Revolution Broke OPEC's Hold On Oil Prices

a reply to: CriticalStinker

You forgot a category.

The gung-ho trigger-happy folks way too eager to see the war machine rolled out again.

originally posted by: Fallingdown
a reply to: CriticalStinker

Just curious, but why do you think we want Iranian oil ?

I don't think oil is the end all be all. More about leveraging control in the region, serving allied interests, and having more of the market open up to the petro dollar.

originally posted by: Sanitarium79
a reply to: Waterglass

Why should China, or any other country care about US sanctions?

The US wants Irans oil, we get it - just leave the rest of the world alone.

Why would we want Iran's oil?
We haven't imported their oil in years.

Now safe passage of Saudi, Iraqi and Kuwaiti oil is a different story.

www.worldstopexports.com...

originally posted by: Waterglass
a reply to: CriticalStinker

Since you are always shifting who seems [in your opinion] to get a better deal at the end of the trickle down economy, freedoms and lifestlye. A USA or Iran citizen?

US citizen, and proud patriot.

If you take Bin Laden at his word, his mission was to drag the US into long wars in the Middle East to weaken us economically along with our reputation. So far it's looking like his mission is looking rather lucrative.

a reply to: Pluginn

Maybe the world isn't going to let the usa bully them anymore?

Seems like lately the world has become bold in their moves against us.