In Freight News 30/04/2015
Japan’s oil imports from Iran has reportedly increased to 230,000 barrels per day in March.
Citing a Chinese website, IRNA reported that Japan’s oil imports from Iran increased to 230,000 barrels per day in March which indicates a 48 percent growth compared to the figure for the same month last year.
The reported increase placed Iran as the fifth major supplier of crude oil to Japan in March.
Japan’s Ministry of Economy, Trade and Industry announced earlier this month that Tokyo imported 26 percent more oil from Iran in 2015. The world’s third biggest economy had imported 193,000 barrels per day of oil from Iran in January and 260,000 barrels per day in February.
The significant increase in Japan’s oil import from Iran in February comes as the country’s total oil imports displayed a decline of 6 percent compared to the figure for the previous month.
