21JAN2019 - NEWS - Fuji Oil of Japan loads Iranian crude oil, the first cargo being lifted since US sanctions waiver

Fuji Oil has recently loaded Iranian crude oil, the first cargo being lifted by the Japanese refiner since the country won a 180-day waiver from the US to import oil from Iran. The move also marks Japan's first loading of Iranian crude since the country won the 180-day waiver from the US on November 5. Fuji Oil, a Showa Shell group company, is one of Japan's major Iranian crude buyers. Japanese refiners and shipping companies recently resolved their concerns over relevant shipping insurance for Iranian imports and were awaiting bank and regulatory approval before resuming inflows.

Published by Editor - www.Livebunkers.com at 21-Jan-2019 06:15:40 [UTC] , contact editor at editor@livebunkers.com