China rejects US sanctions on refineries over Iran oil links
The national flags of China and Iran fly in Tiananmen Square during Iranian President Ebrahim Raisi's visit to Beijing, China, February 14, 2023. (File photo: Reuters)
Audio By Vocalize
China will not comply with US sanctions against five firms
targeted for purchasing Iranian oil, Beijing's commerce ministry said on
Saturday.
China is a key customer for Iranian oil, mainly through
independent "teapot" refineries that rely on discounted crude from
the Islamic Republic.
The United States, seeking to choke off revenue to Tehran,
has ramped up sanctions on such refineries.
The commerce ministry's injunction, relating to sanctions
announced separately since last year, states that the US measures "shall
not be recognised, implemented, or complied with".
The sanctions "improperly prohibit or restrict Chinese
enterprises from conducting normal economic, trade and related activities with
third countries... and violate international law and the basic norms governing
international relations," the ministry said in a statement.
"The Chinese government has consistently opposed
unilateral sanctions lacking UN authorisation and a basis in international
law."
The injunction applies to three companies in Shandong
province -- Shandong Jincheng Petrochemical Group, Shandong Shouguang Luqing
Petrochemical and Shandong Shengxing Chemical -- and two others based elsewhere
in China, Hengli Petrochemical (Dalian) Refinery and Hebei Xinhai Chemical
Group.
Washington imposed on Friday sanctions on yet another
Chinese firm which it said had imported "tens of millions of barrels"
of Iranian crude oil, generating billions of dollars in revenue for Tehran.
The firm, Qingdao Haiye Oil Terminal Co., Ltd., was not
mentioned in the commerce ministry's injunction.
The latest sanctions come as Washington and Tehran have been
locked in a diplomatic standstill, with no permanent resolution in sight for
the conflict that erupted with US-Israeli strikes on Iran in late February.
US President Donald Trump is due to visit China for talks with leader Xi Jinping later this month.

Join the Discussion
Share your perspective with the Citizen Digital community.
No comments yet
This discussion is waiting for your voice. Be the first to share your thoughts!