Saudi Arabia and the UAE provide 3 quarters of Japan’s oil needs in January
Saudi Arabia maintained its position as a top crude oil supplier to Japan in January with 36.54 million barrels, or 45.7 percent of the total imports, according to data from the Agency for Natural Resources and Energy belonging to the Ministry of Economy, Trade, and Industry (METI.)
Japan imported a total of 80.01 million barrels during that month. 93.5 percent of those were provided by 7 Arab countries, the agency reported. Imports from the United Arab Emirates amounted to 24.25 million barrels or 30.3 percent, while imports from Qatar equaled 6.189 million barrels or 7.7 percent of the total.
Kuwait equaled 4.4 million barrels or 5.6 percent. Bahrain provided 1.85 million barrels or 2.3 percent of the total, while imports from Oman amounted to 1.31 million barrels or 1.6 percent in January, Algeria’s share was 0.3 percent of the total, METI data showed.
Source Credit: Arab News
