Since 1975
  • facebook
  • twitter
  • Home
  • Business
  • Saudi Arabia recovers position as Japan’s top oil supplier

Saudi Arabia recovers position as Japan’s top oil supplier

Saudi Arabia provided Japan with 29.6 million barrels of crude oil in September 2019 and regained its position as the country’s top oil supplier. (AFP)
Saudi Arabia provided Japan with 29.6 million barrels of crude oil in September 2019 and regained its position as the country’s top oil supplier. (AFP)
02 Nov 2019 04:11:55 GMT9
02 Nov 2019 04:11:55 GMT9

Khaldon Azhari, Tokyo

Saudi Arabia provided Japan with 29.6 million barrels of crude oil in September 2019 and regained its position as the country’s top oil supplier during the month despite the Aramco attacks, data released by the Agency for Natural Resources and Energy in Tokyo showed.

Crude output was disrupted in Saudi Arabia mid-September when Aramco oil facilities were struck by drones and missiles in an attack that the kingdom said was orchestrated by Iran.

Meanwhile, Japan imported 24.8 million barrels of crude oil from the United Arab Emirates during the month, accounting for 29.9% of the country’s total crude imports, according to data from the agency that belongs to the Ministry of Economy, Trade and Industry.

Kuwait, Qatar and Russia provided 10.6%, 10.5 % and 7%, respectively, of Japan’s crude needs in September.

Oil from Arab countries overall, in the absence of a de facto Japanese embargo of Iranian crude, accounted for 91.3%, or 75.7 barrels, of Japan’s petroleum needs in the month. 

Japan’s total crude oil imports for September amounted to 82.9 million barrels, the agency said.

topics
Most Popular
Recommended

return to top