In May 2014 Iran has become the sixth country on the volume of oil supplies against the eighth place in April 2014, reported Reuters.
In May 2014 purchase of Iranian oil by India increased by 13.5% against April 2014 after Indian oil company – the biggest oil refinery of the country – has resumed oil purchase after a three-months break, claim the sources at the market. According to the graphs of tankers arrival of Thomson Reuters Oil Analytics, in May 2014 the country imported 255,200 barrels of Iranian oil a day, down 6% against 2013.
During six months 2014 import of Iranian oil by the Asian buyers will total 1.25-1.5 million barrels a day, because China plans to import more oil, than it did before the sanctions applied against Iran in 2012.
According to the agreement signed between Iran and the western countries in November 2014 in Geneva, Iranian oil export must not exceed 1 million barrels a day. However, the document says nothing about limitation of condensate export, which allows Iran exporting it abroad without violating the conditions of the agreement. US claims that exceeding oil export volume by Iran is within the accessible limits, because majority of oil delivered above the limit is the condensate purchased by China and Japan.