Japan’s Saudi Crude Oil Imports increased slightly in September|Arab News Japan

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Arab News Japan

TOKYO: Japan’s imports of Saudi crude oil increased slightly in September, reaching about 29 million barrels, or 37.1 percent of the total, according to the Japanese Ministry of Economy, Trade and Industry’s Agency for Natural Resources and Energy. In the previous month of August 2023, Japan‘s imports of Saudi crude oil were 27.93 million barrels, or 36 percent of the total. 

Japan imported about 78.34 million barrels in total in September, of which the Arab oil share was 96 percent, or 75.24 million barrels, supplied by five Arab countries: the UAE, Saudi Arabia, Kuwait, Qatar, and Oman.

The crude imports from the UAE reached 30.51 million barrels, or 38.9 percent of total; Kuwait provided 8.51 million barrels (10.9 percent); Qatar share was about 5.17 million barrels (6.6 percent); and Japan imported about 2.1 million barrels (2.6 percent) from Oman.

While the Japanese ban on importing oil from Iran and Russia continued in September, the rest of Japan’s oil imports came from Central and South America (1.8 percent), Oceania (0.9percent), Southeast Asia (0.7 percent), the United States of America (0.5 percent) and Indonesia (0.2 percent).

The figures cited represent the quantities of oil that arrived at refineries, tanks, and warehouses in ports in Japan during September. Japan uses oil to generate about a third of its energy needs.

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