Browsing All posts tagged under »japan«

Japan’s Mitsubishi renews Iran oil imports deal

June 22, 2012

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Japanese trading house Mitsubishi Corp has renewed its annual oil purchase deal with Iran but cut the loading volume to comply with U.S. sanctions against the Islamic nation, trade sources said on Friday, according to Reuters. As Western nations tighten curbs in their bid to curtail Tehran’s disputed nuclear program, Iran’s crude exports in April […]

“Iran’s oil exports to drop 200-300 thousand bpd more”

June 22, 2012

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Oil exports from Iran are going to drop further by 200-300 thousand bpd close to the end of 2012, professor at the University of Glasgow and expert on nuclear issues Reza Taghizadeh believes. Uncorfirmed reports say crude exports from Iran so far this month have dropped to between 1.2 million barrels per day (bpd) and […]

Japan and Iran: victims of outside interests

February 27, 2012

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The oil sanctions on Iran have already affected the world economy, and this process continues. One of Iran’s biggest oil importers, Japan is facing a dilemma, at the same time trying to keep balance between the West, and the Islamic Republic.