Angola is second-biggest supplier of oil to China in first quarter of 2012

3 May 2012

Angola was the second-largest supplier of oil to China in the first quarter of 2012, after Saudi Arabia, official English-language newspaper the China Daily reported.

Between January and March of this year China imported 9.5 million tons of crude oil from Angola, which was 4.7 million tons less than it imported from Saudi Arabia, and 2.4 million tons more than it imported from Russia, its third-biggest suppler.

Venezuela is China’s fourth-largest supplier of oil, followed by Iraq, Iran, Oman, Kuwait, the United Arab Emirates, and Brazil.

Since the 1990s China has imported more than half the oil it consumes.

In 2011, Saudi Arabia, Angola, and Iran were China’s biggest oil suppliers. (macauhub)