China Just Doubled Oil Shipments To North Korea

Authored by Tsvetana Paraskova vie Oilprice.com,

After the recent visits of North Korean leader Kim Jong-un to China, Beijing has almost doubled the volume of crude oil pipeline shipments to North Korea, South Korea’s newspaper Chosun Ilbo reported on Thursday, citing a source in Beijing.

The surge in Chinese shipments to North Korea is raising additional concerns that China could undermine the international sanctions against Kim’s regime.

Pipeline volumes of between 30,000 tons to 40,000 tons are enough in the summer to keep the pipeline from China to North Korea unclogged, while this volume is around 80,000 tons in the winter, Chosun Ilbo’s source said. Although it’s summer, China has recently increased the oil flow to the winter levels, the source told the South Korean outlet.

Under the latest United Nations Security Council sanctions regarding oil sales to North Korea from December 2017, North Korea is allowed to import a maximum aggregate amount of 500,000 barrels of all refined oil products for 12 months beginning on January 1, 2018. The sanctions also introduced a limit of 4 million barrels - or 525,000 tons - per a twelve-month period as of 22 December 2017 for the supply, sale, or transfer of crude oil to North Korea.

If China sends 80,000 tons of oil to North Korea every month, this volume already brings the amount to 960,000 tons a year - above the 525,000 tons limit for a 12-month period in the sanctions, Chosun Ilbo argues.

Citing a confidential U.S. report to the UN sanctions committee, the AFP reported last week that the United States asked the UN Security Council to impose an immediate stop to all shipments of refined oil products to North Korea, after finding that Kim Jong-un’s regime had vastly exceeded the UN-restricted quota for oil product imports.

According to the U.S. report to the UN, North Korea received at least 759,793 barrels of oil products between January 1 and May 30, well above the 500,000-barrel annual quota.

The supplies have been made via ship-to-ship transfers with North Korean tankers that have called in port at least 89 times, the United States says. The United States also accused China and Russia for keeping oil sales to North Korea.

Comments

TheSilentMajority Fri, 07/20/2018 - 05:02 Permalink

Trumpstein needs to put a 25% tariff on ALL chinese imports immediately.

He must also include a mechanism to raise or lower the tariffs based on the value of the manipulated yuan.

DingleBarryObummer Adolfsteinbergovitch Fri, 07/20/2018 - 05:42 Permalink

Unless Kim is a huge dummy, that problem will never be solved, because the US.gov cannot be trusted.  Kim's bloodline and cult of personality has god-like political power over there.  Keeping him around is not part of "negotiations."  This is not a cheesy reality show like the apprentice.  Trump does not have control over CIA and clandestine agencies. 

As soon as his missiles aren't pointed at US vassal states and there is a BIS member central bank installed, him and his entire bloodline will be eliminated as a insurance policy.  Donald Trump cannot insure his safety.  That is ludicrous.  Donald Trump is 72 years old and within 6 years will be putting around in a golden golf cart all day. 

Comparing geopolitical negotiations to NY real estate negotiations is some kind mental trap people are falling into.  It's not the same.  It's fun to fantasize and LARP and roleplay sometimes, but this is not a game - though people seem to think it is.

Trump: The Game - Wikipedia

In reply to by Adolfsteinbergovitch

tmosley DingleBarryObummer Fri, 07/20/2018 - 05:58 Permalink

Trump took away the reason you idiot. The US will withdraw from Korea before the end of his second term and they will be looking at reunification. Why would the CIA want to kill Kim if North and South are no longer belligerent and are working towards reuniting? Japan isn't going to invade to steal their resources like the EU did with Gaddafi.

>It's not the same.

Yeah, neither is running a massively successful reality show, or doing any of the hundreds of other things Trump has done to great success. What IS the same is the skillset that makes it much easier to do new things that are totally unlike things you have done before. Just because YOU are a loser who could never imagine quitting his job to open his own business in an unrelated field doesn't mean everyone else is too.

In reply to by DingleBarryObummer

DingleBarryObummer tmosley Fri, 07/20/2018 - 06:09 Permalink

Why would the CIA want to kill Kim if North and South are no longer belligerent and are working towards reuniting?

Because of the tremendous political capital his bloodline has.  What if Kim has a son who decides to go rouge full Mao-tard, or something?  No, they want the Kim Dynasty to go down the Orwellian "memory hole."  What's a dead chubby mongoloid to them anyway. 

How about this, what reason do they have not to kill him?  They don't need him.  Lots of puppets can run a government that is really secretly ran by the central bank.

In reply to by tmosley

DingleBarryObummer tmosley Fri, 07/20/2018 - 06:27 Permalink

Not the same.  There is no "underdog who has surmounted against all odds" - david (koreans) vs goliath (american aggressor imperialists) Juche factor.  Whether it's true/valid or not is irrelevant, because that is what they have been indoctrinated with from birth, for a few generations. 

If I was a narcissistic sociopath bent on world domination, I'd have him "dispatched."  But I'm not, so have a coke and a smile, and stfu.

In reply to by tmosley

DingleBarryObummer TheSilentMajority Fri, 07/20/2018 - 05:22 Permalink

Trumpstein needs to put a 25% tariff on ALL chinese imports immediately.

In our dreams.  You think he wants the "big fat ugly bubble" to pop on his watch?  Kick the can baby, it's the politicians way.

He must also include a mechanism to raise or lower the tariffs based on the value of the manipulated yuan.

That sounds complicated.  Maybe we just need a 1-3 month total boycott to really hit them in the nuts?

In reply to by TheSilentMajority

tmosley DingleBarryObummer Fri, 07/20/2018 - 05:52 Permalink

You don't make predictions you cuck.

If you want to claim to have made them, then you need to state them BEFORE you claim they have come true, and do so infamously.

"There will be no war with North Korea." "There will be no war with Russia." "The US will withdraw from Syria within one year of March 2018."

THOSE are predictions made right here, over and over again, for everyone to see. I took all the shit you clownz had to dish out on the subject, and have since been proven right on every single one.

In reply to by DingleBarryObummer

DingleBarryObummer tmosley Fri, 07/20/2018 - 06:04 Permalink

O, good morning sunshine.  Speaking of sunshine, you should get some, I bet you are as pale as the fourth Horse of the Apocalypse.  I have attained a nice beaner brown. 

THOSE are predictions made right here, over and over again, for everyone to see.

Nothing like a little delusion of grandeur in the morning. 

I took all the shit you clownz had to dish out on the subject, and have since been proven right on every single one.

I didn't disagree with you on those things.  And there you go with your generalizations and black and white thinking.  I am an independent thinker.  I am not part of any group.  If you'd like to call me a clown, call me "the clown," not "a clown."

In reply to by tmosley

DingleBarryObummer tmosley Fri, 07/20/2018 - 06:49 Permalink

Not missing.  More likely squashed.  And they don't know shit about the brain.  According to them that area "doesn't do anything." 

And no, I was tested extensively at Yale Teaching hospital in Connecticut for Schizophrenia (enlarged ventricles are often associated with schizophrenia).  My perception and cognition are in the top 10th percentile.  That was probably caused by a CSF (cerebral spinal fluid) pressure backup caused by the Chiari I malformation. 

S3E4 Chiari Malformation - YouTube

The experience of enduring this medical problem while being misdiagnosed with anxiety and depression for 12 years was very enlightening, Anime notwithstanding.

In reply to by tmosley

BritBob Fri, 07/20/2018 - 05:24 Permalink

Xi and honest broker of peace?

In tune with President Macri's words, Xi Jinping thanked Argentina "the support they have given us for our claim of a single China as we support theirs for the Falkland Islands."   (Telam 17 May 2017).  How would a map of the world look today if all of the territory lost and gained over the past 180 years reverted to its 19th century status?  Quite a ridiculous proposal.

Falklands – Acquisitive Prescription(1 pg):  https://www.academia.edu/35552595/Falklands_-Acquisitive_Prescription

To Hell In A H… Fri, 07/20/2018 - 05:35 Permalink

International sanctions? lol They are USSA sanctions and the rest of the puppets must follow. If not for the USSA, Korea would be one country and a formidable one at that.

Expat Fri, 07/20/2018 - 05:38 Permalink

Yeah, let's kill another three million Koreans to show them we mean business.

You racist assholes are incredible.  I suppose none of you are Christian based on your behavior.  If Jesus were real and came back to earth you cunts would lynch him for being an Arab and a Jew, which he was basically.

Money_for_Nothing DingleBarryObummer Fri, 07/20/2018 - 07:10 Permalink

The (so called) Overlords have Biblical "feet of clay". The USSR was invincible till RWR called their bluff. Darth Vader was on a ventilator. Soros, Buffet, Obama, Hillary, Biden, Clinton, and others are on a ventilator too. Who can call Trump's bluff? When a Trump company goes bankrupt a bank holding the note is in trouble. DC swamp willing to start a nuclear war to get rid of Trump? Nihilist death cult?

In reply to by DingleBarryObummer

Chief Joesph Fri, 07/20/2018 - 06:44 Permalink

Well, it was expected.  What were these idiots in Washington thinking, when they tried to put sanctions on North Korea?

For one, China isn't going to allow its neighbor to become stressed, and cause instability in the neighborhood.

Secondly, what in the world does the U.S. thinks its going to do against the Chinese, anyway, when we are engaged in a trade war going on with them? 

Third, its already been announced that Russia is going to build a gas pipeline through North Korea.  Just what is the U.S. thinks its going to do about that?

Fourth, both China and North Korea have a 12 nautical mile territorial limit that extends from their shores, plus a 200 mile Economic Exclusion Zone, that the U.S. doesn't control.  So, what good are U.S. sanctions, or a naval blockade, if they are trading within their territorial rights? 

Fifth, Neither North Korea or China are trading oil in U.S. dollars.  It nullifies the effectiveness of U.S. sanctions.  So, what does the U.S. think its going to do about that?

Sixth, what cooperation does the U.S. expect from North Korea, on disarming from nuclear weapons, by keeping sanctions on?  North Korea has been sanctioned by the U.S. since 1953 in varying degrees.  They are use to this.

If the U.S. is going to get any place with either China or North Korea, it better get off the hostilities its shown with both countries. I am sure South Korea would like to boot the U.S. out of their country too, since they were the ones who tried to engineer a peace settlement with North Korea.

Money_for_Nothing Fri, 07/20/2018 - 07:00 Permalink

China is rewarding Kim for good behavior? Sanctions on NK are taking hold? This is biting China in the ass. At any time President Trump can sanction China and claim this as a reason. NK was their stalking horse till Trump was elected.

ConnectingTheDots Fri, 07/20/2018 - 09:16 Permalink

How do people think China got the leverage over Kim to make him more "reasonable"?

Of course they had to offer him something. No surprise here.

Besides, it is kind of nice to still have a few countries not under the thumb of the Rothchild central banking cabal.

RedDwarf Fri, 07/20/2018 - 11:38 Permalink

No sanctions will work against NK unless both Russia and China go along.  This is a message from China to Trump about what will happen on the NK front if the tariff war continues.