Gulf states provide 97% of Japan crude imports
TOKYO, August 6, 2023
Japan's total crude oil imports were 68.5 million barrels in June, of which 66.7 million, or 97.3 percent, were provided by the UAE, Saudi Arabia, Kuwait, Qatar and Oman, said he Natural Resources and Energy Agency of Japan's Ministry of Economy, Trade and Industry said.
Saudi Arabia was the top oil provider to Japan, with 41.4 percent of total imports in June, making it with the UAE the source of more than three-quarters of Japan's crude oil needs, which is crucial for the country's energy security, a Wam news agency report quoting the Japan report said.
Imports from the UAE amounted to 25.63 million barrels in June, or 37.4 percent of total imports.