Analysis North Korea goes two years without official crude oil from ChinaExperts are sceptical China's trade figures tell the whole story, no indications of supply issues in North Korea The most recent figures from China’s customs agency show North Korea’s apparent crude oil cut off has stretched past the two-year mark, leaving a 1 million tonne deficit in the DPRK’s oil imports. But despite the majority of China’s oil exports to North Korea disappearing from the trade figures, there have been no reports of fuel shortages or price hikes within the country, with some sources indicating increasing levels of fuel consumption in the DPRK. The news also comes as China’s oil exports found themselves in the public spotlight. Following North © Korea Risk Group. All rights reserved. |