Display of rare impressionist masterpieces from Russian collector wows Parisian art loversSociety & Culture October 26, 8:46
Russia ready to resume humanitarian pauses in AleppoWorld October 26, 7:42
Muscovites commemorate Nord-Ost terrorist attack victimsSociety & Culture October 26, 7:41
Three young men detained in Moscow for throwing flares at US ambassador’s residenceWorld October 25, 22:02
Kremlin gives no comment on alleged US carte blanche to Russia for Aleppo operationRussian Politics & Diplomacy October 25, 21:44
German ARD TV channel to go any length to win case against Russian athlete — lawyerSport October 25, 21:24
Russian, German top diplomats discuss humanitarian situation in Aleppo — ministryRussian Politics & Diplomacy October 25, 20:09
Russia moves up to 40th place in Doing Business-2017 rating — World BankBusiness & Economy October 25, 20:04
Russia hopes to receive roadmap from IPC on Paralympic membership soonSport October 25, 20:03
TEHERAN, January 10. /TASS/. Iran plans to double its oil exports to Japan after international sanctions are lifted, Mehr News Agency said on Sunday.
"It has been estimated that oil exports to Japan will increase twofold once the international sanctions are nullified," the agency said.
Seyed Mohsen Ghamsari, Executive Director for International Affairs at National Iranian Oil Company, told Mehr Teheran was seeking "to gain at least 10 per cent of Japan’s market after the lifting of international sanction reaching a daily export of 350 thousand barrels per day to the East Asian country."
Japan is seen by Iran as one of the strategic and traditional markets for its crude in the past 40 years. According to statistics, Japan’s imports of Iranian crude oil in November 2015 increased by 3.1 per cent as compared with the same period last year.
Over the years of anti-Iranian sanctions, Japanese oil refineries decreased their capacity, which is seen by Iran as the biggest challenge to its plans to expand oil exports to Japan. However, according to Mehr, Japanese refineries are ready to put Iran as top priority in the post-sanction period as they were initially fitted to refine Iranian oil.
Despite the current surplus of from 1.5 to 2 million barrels a day on the oil markets, the National Iranian Oil Company (NIOC) is seeking to extend oil sale contracts with traditional costumers like China, Japan, South Korea, India and Turkey, Mehr said.