JAPAN & IRAN: 26% MORE

Japan's Ministry of Economy, Trade, and Industry announced that Tokyo imported 26 percent more oil from Iran in 2015. According to a report released by the ministry, Japan's crude imports from Iran amounted to 1086 million kilo liters or 243,000 barrels per day, which shows a 26-percent increase compared with the previous month.

Japan had imported 864,000 kilo liters or 193.000 barrels per day of oil from Iran in January 2015, and 1161 million kilo liters or 260,000 barrels per day in February 2014.

The significant increase of oil Japan imported from Iran in February comes as the country's total oil imports witnessed a decrease of 6% compared with the month before.

Iran supplied 6.7% of Japan's oil imports in February, making it the fifth major supplier of Tokyo's crude in this month.

Earlier in February, data released by Japanese authorities indicated that the Japanese oil imports from Iran in January 2015 reached 193,000 barrels per day, showing a 34 percent rise compared to the month before.

oilandgaseurasia.com