Japan oil wholesalers use ship-to-ship transfers to receive Middle East crude

About half the country's crude from region arrives via foreign operators for hefty fee A Taiyo Oil tanker that arrived in Japan in March, having taken on Middle Eastern oil off the coast of Malaysia. (Photo obtained by Nikkei) TOKYO — Roughly half the tankers headed to Japan carrying Middle Eastern crude oil between March and May had obtained the oil using the unusual method of ship-to-ship transfers off the coasts of Malaysia and India, a Nikkei analysis has found.

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