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[size=30]Iranian oil exports to Asia at the highest level in 4 years ago[/size]
31/07/2016 11:42 | Number of Views: 22
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Direction Press / Agencies
Iran's oil exports rose to the top four buyers in Asia increased by 47.1 percent.
According to Reuters news agency that Iran regain market share faster than analysts expected since the lifting of the sanctions in January and which has contributed to the rapid return of the availability of more oil tankers after finding a temporary solution to the problem of marine insurance.
It is expected that Iran's oil sales remain strong while reducing the Organization of Petroleum Exporting Countries producers (OPEC) crude prices, sales to Asia and the Mediterranean region as part of Iran's efforts to regain market share in these areas after the lifting of sanctions.
Tehran's oil sales reached their highest level in four and a half years in June to reach nearly doubled since December, after the lifting of sanctions on its oil exports in January.
Government data showed the other tracking the movement of ships to the four Asian countries, South Korea, Japan, China, India imported 1.72 million barrels per day of Iranian oil in June.
And published Japanese Ministry of Economy, Trade and Industry on Friday, official data indicate that Japan's purchase of nearly three times what it imported a year ago to reach its imports of Iranian crude to about 275 thousand barrels per day in the last month.
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