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us apple developer accounts for sale:Chinau0027s Iran oil imports seen hitting new high in March, curbing OPEC output options

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* Nearly 1 mln bpd Iranian oil estimated to arrive in March

* About 650,000 bpd discharged in first 19 days - Refinitiv

SINGAPORE, March 30 (Reuters) - China will receive anotherlarge influx of cheap Iranian oil in March passed off as crudefrom other origins, curbing the top importer's appetite forcrudes from other suppliers, according to traders and analysts.

Close to 1 million barrels per day of Iranian crude couldarrive at China this month, nearly half the volume that theworld's top exporter Saudi Arabia supplied to China in the firsttwo months this year.

Refinitiv Oil Research estimates this month's arrivals at3.75 million tonnes (27 million barrels), topping the previousrecord in January of 3.37 million tonnes.

"The trend seems to be continuing, though buying appetiteis waning because of high inventories at ports and abundantsupplies," said Emma Li, a senior Refinitiv analyst.

Separately, a trade source familiar with Iranian shipmovements pegged China-bound cargoes at 30 million barrels forMarch, while Sara Vakhshouri, president of SVB EnergyInternational, estimated Iran oil exports this month exceeded 1million bpd.

Reuters reported last month that China quietly acceptedrecord amounts of Iranian oil in early 2021, despite U.S.sanctions designed to penalise buyers. Analysts say the buyingwas a key factor behind the slide in global Brent oilpries from $70 per barrel, limiting room for OPEC to increaseproduction.

"The recent jump in Iranian crude exports, notably to China,and crude going out of inventories are contributing to theweakness of the oil market, undermining OPEC+ efforts to limitsupply and setting prices for a third weekly drop," RystadEnergy analysts said ahead of the OPEC+ meeting on April 1.

China, Iran's top oil client, said last week it will work tosafeguard the Iran nuclear deal and defend the legitimateinterests of Sino-Iranian relations.

China's commerce, foreign and energy ministries had notresponded to faxes and messages at time of publication.

U.S. President Joe Biden has sought to revive talks withIran on a nuclear deal abandoned by former President DonaldTrump in 2018, although harsh economic measures remain in placethat Tehran insists be lifted before negotiations resume.

"Iran is exporting more oil to China and that poses achallenge to the U.S. sanctions regime," Eurasia Group analystHenry Rome said.

"However, the structure of the sanctions is not on the vergeof collapse by any means especially because Iran is not able torepatriate much of that revenue."

According to Refinitiv's Li, about 650,000 bpd of Iranianoil were discharged in the first 19 days of March, mainly viathe eastern province of Shandong, the hub for China'sindependent refiners.

This compared with 490,000 bpd discharged in February and arecord 797,000 bpd in January, she added.

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