by admin
January 16, 2012
Japan’s Foreign Minister Koichiro Gemba is making an effort to increase oil shipments from the UAE. Japanese foreign minister Koichiro Gemba is touring Turkey and the Gulf states in a bid to shore up Japan’s oil sources in the event of tighter sanctions against Iran. Japan is apparently attempting to cut back its oil imports [...]
Read the full article →
by admin
January 16, 2012
A pipeline which will allow oil from the Emirates to bypass the Straits of Hormuz will not be online for four months, according to the UAE’s oil minister, Mohamed al-Hamli. The delay is especially relevant now with Iranian threats to blockade the Straits. The facility, which will be able to handle 1,5m barrels per day, [...]
Read the full article →
