Fuji Oil Co

Fuji Oil

Japan’s Fuji Oil Co., which will not make a final decision until after discussions with the government and other refineries, will likely replace Iranian shipments with shipments from Saudi Arabia, Qatar, and the United Arab Emirates if it has to. JXTG Holdings Inc., a refiner, plans to follow government guidance, and if necessary will replace Iranian supplies with supplies from the Middle East, West Africa, and possibly the United States. (June 29, 2018).