China buys more oil from Angola in August

25 September 2007

Beijing, China, 25 Sept – The amount of oil imported by China from Angola rose 15.4 percent in August, boosting the country’s position as the main source of raw materials in Africa, according to figures from China’s customs.

In August, China imported some 1.8 million tons of crude oil, which was less than from Saudi Arabia (2.6 million tons) and more than Iran (1.6 million tons).

Between January and August, imports of oil from Angola fell 6.8 percent to 15.5 million tons, after a strong rise in 2006, to a record level.

Imports from Saudi Arabia rose 8 percent and those of Iran rose 21.4 percent.

China also imported 80.9 percent more oil from Brazil, or a total of 374,000 metric tons.

Since the beginning of the year, China has bought 1.6 million tons of crude oil from Brazil, or 24.8 percent more than in the same period of last year. (macauhub)