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Japan, S Korea to maintain Iranian crude oil import volumes in 2014

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Listen: Japan, S Korea to maintain Iranian crude oil import volumes in 2014

James Bourne, Platts associate editorial director for Asian oil news in Singapore and Takeo Kumagai, Platts senior editor for Asia, based in Tokyo, analyze Japanese and South Korean buyers of Iranian crudes having maintained their annual term contracts for 2014 at volumes unchanged from last year. Steady imports are expected during and possibly after the six-month suspension of US pressure on these buyers.

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