Japan boosts oil imports from Iran by 38.3% despite west’s sanctions

TEHRAN (FNA)- Japan’s oil imports from Iran witnessed a 38.3% growth in July despite the western sanctions on Iranian oil, media reports said.

According to the data released by the Japanese Ministry of Economy, Trade and Industry on Friday, Japan imported 847,951 kilolitres, or 172,047 barrels per day (bpd), of Iranian oil in July which shows 38.3% growth in comparison with the country’s oil imports in June, Reuters reported.

Iran is one of the main oil suppliers for Japan.Since the beginning of 2012, the United States and the European Union have imposed illegal sanctions on Iran’s oil and financial sectors with the goal of preventing other countries from purchasing Iranian crude and conducting transactions with the Central Bank of Iran. The sanctions entered into force in early Summer 2012.

On October 15, 2012, the EU foreign ministers reached an agreement on another round of sanctions against Iran.

The illegal US-engineered sanctions have been imposed based on the unfounded accusation that Iran is pursuing non-civilian objectives in its nuclear energy program.

Iran says its nuclear activities are entirely peaceful, arguing that as a committed signatory to the Non-Proliferation Treaty (NPT) and a member of the International Atomic Energy Agency (IAEA), it has the right to use nuclear technology for civilian purposes.

By Fars News Agency

 

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