UAE crude exports to Japan hit 19.26 million barrels in May

Arab oil accounted for % of Japan’s oil needs in May

TOKYO 1 July 2017: Japan imported 19.262 million barrels of crude oil from the UAE in May 2017, data released by the Agency of Energy and Natural Resource in Tokyo showed.

This accounted for 22.3 per cent of Japan’s total crude imports, the agency, which is part of Japan’s Ministry of Economy, Trade and Industry, said.

Saudi Arabia provided 34.859 million barrels, or 40.4 per cent of the total, while Kuwait, Qatar, Russia and Iran, provided 8 per cent, 6.7 per cent, 6.9 per cent and 5.8 per cent respectively, said Wam.

Arab oil accounted for 66.833 or 77.5 per cent, of Japan’s petroleum needs in May, the agency added.

By Rajive Singh