The volume of Iranian oil shipments in waters near China has reached approximately 20 million barrels. This indicates a significant reduction in Iran's oil exports to this country and has increased speculation about changes in the pattern of Iran's oil supply and sales.
Decrease in Iran's Oil Inventory in Waters Near China
According to available information, the volume of Iran's oil in shipments present in waters near China has significantly decreased. Predictions indicate that at times, Iran's oil imports by China reached between 1 to 1.5 million barrels per day, but now this figure has dropped to less than 100,000 barrels per day in some estimates.
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Reasons for the Decline in Iran's Oil Exports
The decrease in Iran's oil shipments to China may be due to changes in transportation routes and the method of supplying Iranian oil. These changes may stem from economic conditions, rising maritime transportation costs, and difficulties in purchasing oil shipments from other countries. Additionally, analysts believe that the observed decrease does not necessarily mean a decline in China's demand for Iranian oil and may be related to changes in the method of selling oil and transportation routes.
Changes in transportation routes and the arrangement of Iran's oil sales after the war are considered factors that have made accurate assessment of export volumes difficult. Furthermore, complete details of this new transportation and sales pattern are not available, making it challenging to extract a precise and definitive figure for Iran's daily oil exports to China.
Government Oil Revenues and Performance Assessment
Alongside the export discussion, data regarding government oil revenues have also been highlighted. According to the mentioned information, government oil revenues in the first half of the year 1405 have exceeded 100% of the anticipated resources in the budget. This indicates that assessing the performance of exports and oil revenues cannot solely rely on the volume of visible shipments on a specific route and must consider a range of factors including transportation routes, sales methods, and revenue collection.
The decrease in the volume of Iranian oil shipments in waters near China and the decline in some estimates of daily exports have raised questions about the actual status of Iran's oil exports to this country. However, changes in transportation routes, the method of supply, and the sales pattern of Iranian oil have made it difficult to determine an exact export figure. Therefore, the available figures should be considered as estimates based on available data.
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