Publish dateTuesday 31 December 2024 - 13:05
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The Natural Resources and Energy Agency of the UAE Ministry of Economy announced that Japan's oil imports from the UAE reached 27.16 million barrels in November 2024, which was 38.2% of the total oil imports.
UAE supplies 38.2% of Japan
According to Amac News: Based on the information of this agency announcement, in this month, Japan imported approximately 71.18 million barrels of oil, of which 95.1%, equivalent to 67.72 million barrels, was supplied from Arab countries. These countries include Saudi Arabia, Kuwait, Qatar and the neutral zone (on the border between Kuwait and Saudi Arabia).
Japan imported 31.49 million barrels from Saudi Arabia, which is equivalent to 44.3% of the total oil imports. After that, the country imported approximately 5.19 million barrels from Kuwait (7.3 percent), 3.42 million barrels from Qatar (4.8 percent), and 0.6 million barrels from the neutral zone.
Significantly, imports from the UAE and Saudi Arabia together account for 82.5% of Japan's total oil imports in November 2024, indicating the importance of these two countries in ensuring Japan's energy security.
The rest of Japan's oil imports come from Central and South America (1.8 percent), the United States (1.7 percent), Australia (0.9 percent), and East Asia (0.4 percent), reflecting Japan's historic increase in dependence. to Arabian oil. At the same time, Russian and Iranian oil embargoes continue, and Japanese companies have aligned themselves with US policies.
These figures refer to oil quantities delivered to refineries, tanks and storage facilities in Japanese ports in November 2024.
https://amacnews.com/vdcf.jd0iw6dj07raw.html
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