Mojnews 14 April- India has vaulted to the top of the list of Iran’s oil customers, overtaking China, in a first-quarter Geneva’s Petrologistics data revealed.

Direct imports to India from Iran were 433,000 barrels per day (bpd) in the first quarter, compared with 256,000 bpd to China, according to data.

The Indian import figure was up by around 23 percent from the 351,0000 bpd imported over the same period of 2011 and significantly above the its 2011 average of 326,000 bpd.

Iran traditionally sells most of its 2.2 million barrels per day of oil exports in Asia, where China, India, Japan and South Korea are the four biggest buyers.