Jul 31, 2016, 10:14 AM

Japan’s oil imports from Iran rises by 200%

TEHRAN, Jul. 31 (MNA) – Iranian Oil Ministry announced that volume of Japan’s crude imports from Iran has doubled in the first half of 2016 as compared with the same period a year before.

Japan’s Ministry of Economy, Trade and Industry has been cited by the Iranian Oil Ministry as reporting that “overall crude oil imports from Iran in June amounted to 1.31 million kilo-litters.”

The mentioned figure comprises 8.8 per cent of Japan’s total oil imports indicating a 195.8 percent upsurge compared to the corresponding period last year.

Japan’s overall crude imports in June experienced a 6.7 growth reaching 14.94 million kilo-litters equal to 3.130 million barrels.

For the first time since 2000, Japan imported crude oil from America’s Alaska in June.

Iran ranked fourth largest supplier of Japan’s oil demand in May, 2016 by exporting 308 thousand barrels of crude and gas condensate per day.

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News ID 118509