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Japan’s Saudi crude oil imports slightly up for October

These figures represent the quantities of oil that arrived at refineries, tanks, and warehouses in ports in Japan during September 2023. (AFP)
These figures represent the quantities of oil that arrived at refineries, tanks, and warehouses in ports in Japan during September 2023. (AFP)
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01 Dec 2023 04:12:44 GMT9
01 Dec 2023 04:12:44 GMT9

Arab News Japan

TOKYO: Japan’s imports of Saudi crude oil for October reached 30.37 million barrels (42.4 percent of its total), according to Japanese government data.

The amount was slightly up on September figures of around 29 million barrels (37.1 percent).

During October, the Japanese Ministry of Economy, Trade, and Industry’s Agency for Natural Resources and Energy said approximately 92 percent (65.95 million barrels) of the country’s total oil imports came from Saudi Arabia, the UAE, Kuwait, Qatar, and Bahrain.

Tokyo’s ban on importing oil from Iran and Russia continued in October with the remainder of its requirement coming from the US (3.5 percent), Central and South America (2.2 percent), Southeast Asia (1.3 percent), Oceania (1 percent), and Indonesia (0.2 percent).

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

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