Saudi Arabia and the UAE provide 3 quarters of Japan’s oil needs in January

  • Date: 02-Mar-2021
  • Source: Arab News
  • Sector:Oil & Gas
  • Country:UAE
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Saudi Arabia and the UAE provide 3 quarters of Japan’s oil needs in January

TOKYO: Saudi Arabia maintained its position as 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 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. 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. Imports from the natural zone, bordering Saudi Arabia and Kuwait were 185, 643 barrels or 0. 2 percent of total imports. Russia provided 2. 30 million barrels, or 2. 9 percent of the total. American oil imported by Japan in January amounted to 0. 6 percent of total imports. Ecuador exported nearly 740,