"Conservative Japanese firms have so far held off taking Iranian crude due to a lack of internationally acceptable insurance coverage, but are looking at ways of using cover provided by the Japanese government, the sources said. The traders seeking to restart purchases together imported around 50,000 barrels per day (bpd) of Iranian oil before sanctions were imposed and renewed purchases would give a boost to Tehran's aim of increasing its exports to 4 million bpd... ... Itochu Corp said it was considering resuming imports of Iranian oil, while trading house Kanematsu Corp which last bought Iran crude in 2010, is also looking to resume purchases at an early date, but has not yet lined up any customers, a company source told Reuters." (Reuters, "Some Japan trading houses eye resuming Iran oil imports-sources," 10/19/2016).
Company website list location in Tehran, Iran. (Company Website)
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