Dow Jones reported that statistics of the Japanese economy and trade ministry show that in March Iran exported 2.18 million liters of oil daily to Japan.
This is 11 percent of the total oil exported in Japan.
Meanwhile, the Japanese Economy, Trade and Industry Minister Masayuki Naoshima said that his country is not worried about some Japanese oil companies working with Iran’s energy sector as being blacklisted by the U.S. government.
He stated on April 27 that naming two Japanese firms in a U.S. list of 41 companies to be sanctioned for working on oil projects in Iran does not scare him, and said, “We will continue enhancing our cooperation with Iranian oil companies and investing in Iran’s gas and oil projects.”
MRK/HB
END
MNA