Reuters - Japans oil and metals giant JXTG Holdings has secured crude oil supplies from other countries such as Saudi Arabia to replace Iranian oil shipments that have been crimped by U.S. sanctions, its president said on Monday. We are not importing Iranian oil from May but there is no major impact, Tsutomu Sugimori, president of JXTG Holdings,...

S&P Global Platts - Japanese refiners Idemitsu Kosan, Showa Shell and Cosmo Oil have yet to decide on their Iranian oil imports, following the latest US-Japan talks on Iranian sanctions, while Fuji Oil will consider procuring Iranian crude if Washington extends its sanctions waiver to Tokyo beyond May, company officials told S&P Global Platts ...

Daily look at Irans late-breaking news and upcoming events:   France and Germany step in to circumvent Iran sanctions France and Germany have joined forces to rescue a European effort to create a payments channel to keep trade flowing with Iran, defying U.S. attempts to take the air out of the plan, senior diplomats said.   Iran ...

Press TV - Japanese buyers will seek an extension of the waiver from US sanctions on Iranian oil imports after the initial 180-day exemption is over, the Petroleum Association of Japan (PAJ) said on Tuesday. The United States granted exemptions to Japan and seven other countries on Nov. 5, allowing them to continue buying Iranian oil. As Japan ...

Reuters - Japanese buyers of Iranian crude oil are expected to prepare to resume imports from the Middle Eastern nation after Tokyo was granted a waiver from U.S. sanctions that kicked in this week, trade minister Hiroshige Seko said on Tuesday. Exemptions have been granted to Irans biggest oil clients - Japan, China, India, South Korea, Taiwan,...

RT - Japanese refiners have stopped buying Iranian crude ahead of the November 4 deadline set by Washington to all countries doing business with Iran before economic sanctions return. Reuters quoted the head of the Petroleum Association of Japan (PAJ) as saying, It is my view that each firm is taking the same stance and temporarily suspending (the ...

S&P Global Platts - Japan's Minister of Economy, Trade and Industry Hiroshige Seko said Tuesday that the government was pressing the US to let Japan continue to import Iranian oil, while leaving refiners to make their own decisions over their imports amid looming sanctions. "Each company is making its own judgment and response for Iranian crude ...

Platts - Japan is seeking an early exemption from the US on its sanctions against Iran as among the highest priority for the country's energy security as well as local refiners' need for Iranian oil, a top government official told S&P Global Platts Tuesday. "Our principle is to get the exemption firmly," Ryo Minami, the newly appointed director-...

Reuters - Japanese oil refiners will likely stop loading Iranian crude by mid-September with final shipments arriving in the first half of October, the head of the nations oil refiners association said on Thursday, as the U.S. pressures countries to halt such imports. U.S. President Donald Trumps administration has demanded nations cut all their ...

Reuters- Japanese oil refiners may have to end Iranian crude oil loading from Oct. 1 if Japans government does not secure an exemption from U.S. sanctions that would allow them to continue imports from the Middle Eastern nation, said the president of the Petroleum Association of Japan (PAJ), Takashi Tsukioka. * If payments to Iran cannot continue ...

Platts- Japan will try to avoid any sudden reduction in its Iranian crude oil imports and may seek some form of exemption from the renewed US sanctions regime, an official at the country's ministry of economy, trade and industry, Daisuke Hirota, said Wednesday. On the sidelines of a conference in Azerbaijan, Hirota, who is principal deputy director ...

December 28, The Iran Project Due to the world competitive atmosphere to attend Irans market in post-sanctions era, Japanese companies, trying not to lose opportunities, plan an extensive program to boost their economic relations with Iran in 2017. Japan;s considering $ 10 billion credit for trade with Iran indicates the importance of relations ...

The latest official figures show that Irans exports of crude oil to Japan increased by almost a quarter from January to August. Figures released by Japans Ministry of Economy, Trade and Industry show that Irans oil exports to Japan during the period stood at an average of about 216,000 barrels per day (bpd). This is about 26 percent higher than ...

Irans crude oil exports to Japan surged 61% in May from a year earlier, the Iranian news agency Shana reported on Saturday, citing data from Japanese Ministry of Economy, Trade and Industry. Japan took in 308,000 barrels per day (bpd) of Iranian crude in the period, 117,000 bpd more than what it imported a year earlier, the report said. That ...

TEHRAN, Jan. 10 (MNA) It has been estimated that oil exports to Japan will increase twofold once the international sanctions are nullified.In the current situations, despite the surplus of 1.5 to 2 million barrels of crude oil in the market causinga serious challenge for oil producers and exporters, National Iranian Oil Company (NIOC) is seeking to ...

TEHRAN Oct. 19 (Shana) Director of International Relations in the Iranian Ministry of Petroleum said Japanese refiners are interested to import crude oil from the Islamic Republic as Iran is ready to secure 10 percent share of the Asian nations refining industry. Japans refining capacity has decreased from 5.5 billion bpd to 3.5 million bpd. In ...

Daily look at Irans late-breaking news and upcoming events:   IAEA, UNSC must change approach to Iran: Najafi Iran has underscored the need for change in the approach adopted by UNSecurity Council and the International Atomic Energy Agency (IAEA) vis--vis the Islamic Republic. 2 senators whose families fled Nazis support deal with Iran Some ...

TEHRAN (Tasnim) Iran's crude oil exports to Japan rose 5 percent in May from a year earlier, data from the Japanese Ministry of Economy, Trade and Industry (METI) showed. In its latest report, the METI announced that the Eastern Asian country has imported 190,924 barrels per day (bpd) of Iranian oil in May 2015, showing a 5 percent increase, compared ...

[caption id="attachment_148679" align="alignright" width="145"] File photo shows Iran's oil installations at the southern island of Kharg.[/caption] Fresh figures show Asian purchase of Irans oil hit a three-year high in 2014, with the major buyers increasing their crude imports from the Islamic Republic by almost 20 percent. According to new data ...

Jan 16 (Reuters) - Japanese crude buyers are set to switch back to private insurance providers for transportation of Iranian oil, after relief from some EU sanctions goes into effect next week, industry and government sources said. Under the interim deal reached between Tehran and six world powers in November, the European Union on Jan. 20 will suspend ...