Saudi Arabia supplies almost 40% of Japanese oil imports in April

  • 6/4/2024
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The UAE emerged as the largest supplier, providing 35.79 million barrels TOKYO: Japan’s imports of Saudi oil in April accounted for a substantial 31.10 million barrels, representing a significant 39.5 percent of total imports, as reported by the Agency of Natural Resources and Energy, a key division of the Japanese Ministry of Economy, Trade and Industry. During April, Japan imported about 78.84 million barrels of oil, of which the Arab share was 95.6 percent, or about 75.35 million barrels. The significant contribution from five Arab countries — the UAE, Saudi Arabia, Kuwait, Qatar and Oman — as well as the Neutral Zone, underscores the strategic importance of these nations in Japan’s energy security. The UAE emerged as the largest supplier, providing 35.79 million barrels, which accounted for 45.4 percent of total imports. Kuwait and Qatar contributed 4.71 million barrels (6 percent) and 2.77 million barrels (3.5 percent), respectively. Even smaller contributors like Oman and the Neutral Zone played a role, each providing 0.6 percent of Japan’s total imports. As Japan continued to ban importing oil from Iran and Russia in April, the rest of its oil imports, 4.4 percent, were sourced from the US (1.6 percent), Central and South America (1.6 percent), Oceania (0.8 percent) and Southeast Asia (0.4 percent). • This article originally appeared on Arab News Japan

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