{"id":36762,"date":"2026-06-11T09:45:15","date_gmt":"2026-06-11T07:45:15","guid":{"rendered":"https:\/\/www.channelafrica.co.za\/channelafrica\/?post_type=news&#038;p=36762"},"modified":"2026-06-11T09:45:15","modified_gmt":"2026-06-11T07:45:15","slug":"chinas-hengli-seeks-west-african-middle-eastern-oil-after-sanctions","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/chinas-hengli-seeks-west-african-middle-eastern-oil-after-sanctions\/","title":{"rendered":"China&#8217;s Hengli seeks West African, Middle Eastern oil after sanctions"},"content":{"rendered":"<div class=\"x_elementToProof\">China&#8217;s Hengli \u200bPetrochemical, sanctioned by the United States (US) for allegedly purchasing Iranian oil, has bought at least 2 million barrels of \u200cWest African crude and is seeking further mainstream supply, several trade sources said, as the refiner looks to get off the US blacklist.<\/div>\n<div class=\"x_elementToProof\" dir=\"ltr\"><\/div>\n<div class=\"x_elementToProof\">Hengli, which was penalised by Washington in April and has denied buying Iranian oil, is looking to source entirely non-sanctioned oil, six of the people said.<\/div>\n<div class=\"x_elementToProof\" dir=\"ltr\"><\/div>\n<div class=\"x_elementToProof\">Privately owned Hengli, which \u200boperates a 400 000 barrels per day refinery in the northeastern city of Dalian, has recently inquired about buying cargoes of West African \u200band non-Iranian Middle Eastern crude for delivery from June onward, multiple sources said.<\/div>\n<div class=\"x_elementToProof\" dir=\"ltr\"><\/div>\n<div class=\"x_elementToProof\">It bought at least two \u2060million barrels of West African crude for China delivery around late June or July, three of the sources said.<\/div>\n<div class=\"x_elementToProof\" dir=\"ltr\"><\/div>\n<div class=\"x_elementToProof\">Hengli and the \u200bUS Treasury did not respond to requests for comment. All of the sources spoke on the condition of anonymity due to the \u200bsensitivity of the matter.<\/div>\n<div class=\"x_elementToProof\" dir=\"ltr\"><\/div>\n<div class=\"x_elementToProof\">While China rejects unilateral sanctions, such a designation can deter counterparties from dealing with sanctioned companies for fear of being penalised by the US government.<\/div>\n<div class=\"x_elementToProof\" dir=\"ltr\"><\/div>\n<div>&#8211;Reuters&#8211;<\/div>\n","protected":false},"featured_media":35849,"template":"","meta":{"_acf_changed":false,"_links_to":"","_links_to_target":""},"news-type":[44],"class_list":["post-36762","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"","published_date":"","news_description":"Hengli \u200bPetrochemical, sanctioned by the US for purchasing Iranian oil","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/36762","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":1,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/36762\/revisions"}],"predecessor-version":[{"id":36763,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/36762\/revisions\/36763"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/35849"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=36762"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=36762"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}