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Japan’s imports of Saudi oil decreased in September

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31 Oct 2021 12:10:12 GMT9
31 Oct 2021 12:10:12 GMT9

Arab News Japan

TOKYO: Japan’s imports of Saudi crude oil in September 2021 amounted to 25.7 million barrels, or 34.7%, of total imports, compared with 31.37 million barrels, or 37%, in the previous month, according to data from the Agency for Natural Resources and Energy of the Ministry of Economy, Trade and Industry.

The UAE provided about 26.9 million barrels, or 36.3%, of total imports, a significant decrease from the previous month, August, when it provided 33.62 million barrels.

Japan imported a total of 74.14 million barrels during that month, compared to 84.84 million barrels imported in the previous month, August 2021.

According to the data, the share of Arab oil in September 2021 was still high at 92.7% of the total Japanese oil imports, or about 68.55 million barrels provided by seven Arab countries, including Kuwait (8.1%), Qatar (8.4%), Bahrain (3.4%), Algeria (1%) and Oman (0.7%).

From Russia, its only European source, Japan imported 711,000 barrels of crude oil, or 1%, of the Japanese total. Ecuador provided 1.38 million barrels, or 1.9% of total imports.

Southeast Asian countries – Vietnam, Malaysia, Thailand and Indonesia – provided 1.33 million barrels, or 1.8% of the total Japanese oil imports.

These figures represent the quantities of oil that reached refineries, tanks and warehouses located at Japan’s ports during September 2021.

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