New document reveals: Iran took over oil facilities in China

A confidential document reveals that Iran has taken control of oil terminals and storage facilities in China, leased seven storage tanks long-term, and is selling oil directly on the Chinese market despite US sanctions. The document, obtained by Iran International, also reveals cracks in relations: China rejected a request to increase import quotas and increased imports from Venezuela.

A confidential document obtained by the Iran International website reveals that Iran has taken over oil terminals and storage facilities in China, thereby continuing to operate tankers that have been subject to US sanctions. According to the document, the Iranian Foreign Ministry negotiated with China to purchase port facilities and oil terminals, and Iran has long-term leases on large storage tanks in various locations in China, allowing it to sell oil directly on the Chinese market. Two sources in the Iranian Oil Ministry told Iran International that Tehran controls port facilities in three locations, including the Ningbo-Zhoushan area, and that it has purchased seven storage tanks. The document also reveals cracks in relations: Beijing rejected an Iranian request to increase import quotas, increased imports from Venezuela, and demanded deeper discounts. The article is part of the 'World Newspaper Headlines' section of Globes, presenting translations and summaries of news from the global media.