Iranian Oil Exports to Japan Up by 5% in May
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 to the same month last year.
According to a Reuters report on Tuesday, Asian imports of Iranian crude rose to the highest level this year in May.
Imports by Iran's four biggest buyers - China, India, Japan and South Korea - totaled 1.2 million bpd last month, down 1.9 percent from a year ago and the highest since 1.21 million bpd in December, government and tanker-tracking data showed.
India's imports of Iranian crude oil rose 66 percent from a year earlier to their highest level since March 2014. Two months earlier India had imported no oil from Iran for the first time in at least a decade.
