Angola number one in oil sales to China in first half of year

22 August 2006

Beijing, China, 22 Aug – Angola was the country that exported the most oil to China in the first half of year, reported China’s official economic newspaper Economic Observer.

The newspaper, which did not state the exact amount of oil that Angola exported to China in the period, said that after Angola came Saudi Arabia, Iran and Russia.

According to Zhang Bingzheng, from the statistics departments of Chinese customs, China imported 73.33 million tons of oil and exported three million tons, reported New China news agency.

Zhang, who spoke at an industrial forum in Tayuan, capital of the province of Shanxi, in the north of China, said that oil imports cost the country US$ 32 billion.

According to Zhang, China’s oil imports in the first six months of 2006 increased 17.6 percent on the same 2005 period. (macauhub)