IRAN

Iran Offers Improved Terms to Japanese Buyers 

Iran's NIOC is offering improved terms to Japanese buyers in an effort to boost its flagging oil sales to Japan. According to MEES sources, an NIOC sales mission, which was visiting Tokyo last week, offered potential customers supplies of Iranian Light f.o.b. Sirri terminal at Oman spot price plus 5-10 cents. Iranian Heavy crude would be priced at about 50-60 cents below Iranian Light, and Lavan crude (f.o.b. Lavan Island) at...