Kuwait’s Sept. crude oil exports to Japan down 41.6 Pct

– Kuwait’s crude oil exports to Japan in September declined 41.6 percent from a year earlier to 5.14 million barrels, or 171,000 barrels per day (bpd), for the sixth consecutive monthly drop, government data showed Friday. As Japan’s third-biggest oil provider, Kuwait supplied 8.0 percent of its total crude imports, the Japanese Natural Resources and Energy Agency said in a preliminary report.
Japan’s overall imports of crude oil in September plummeted 22.6 percent year-on-year to 2.14 million bpd, down for the ninth straight month. Shipments from the Middle East accounted for 90.5 percent of the total, down 0.8 percentage points from the year before. Saudi Arabia remained Japan’s No.1 oil supplier, although imports from the kingdom fell 13.1 percent from a year earlier to 858,000 bpd, followed by the United Arab Emirates with 672,000 bpd, down 18.6 percent. Qatar ranked fourth with 161,000 bpd and Russia fifth with 73,000 bpd, respectively.
Japan is the world’s-third biggest oil consumer after China and the US.



Source: Kuwait News Agency


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