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Kuwait becomes China''s No.1 LPG supplier

Pubdate:2013-07-01 09:18 Source:kuna.net.kw Click:

Kuwait became China's No.1 supplier of liquefied petroleum gas (LPG) in May, accounting for almost half of the Asian nation's total LPG imports, the latest government data showed.

Kuwait's LPG exports to China surged 61.0 percent from a year earlier to 159,000 tons last month, followed by Saudi Arabia and Qatar, according to the General Administration of Customs. Kuwaiti share of Chinese LPG imports reached 43.9 percent.

Meanwhile, Kuwait's crude oil exports to the world's second-biggest energy market slid 43.7 percent in May on the year to 584,000 tons, equivalent to around 138,000 barrels per day (bpd).

China's overall imports of crude fell 6.0 percent from a year earlier to 5.

Saudi Arabia remained China's top supplier, although its shipments went down 6.8 percent year-on-year to 967,000 bpd, followed by Angola with 819,000 bpd, down 11.9 percent. Iran became third with imports from the country growing 6.4 percent to 558,000 bpd.