Kuwait's crude oil exports to Japan down 20.7%

GMT 02:16 2014 Friday ,01 August

Arab Today, arab today Kuwait's crude oil exports to Japan down 20.7%

Kuwait's crude oil
Tokyo - KUNA

Kuwait's crude oil exports to Japan fell 20.7 percent in June from a year earlier to 6.02 million barrels, or 201,000 barrels per day (bpd), down for the third straight month, government data showed Thursday.
As Japan's fifth-biggest oil provider, Kuwait supplied 6.7 percent of the Asian nation's total crude imports, the Japanese Natural Resources and Energy Agency said in a preliminary report.
Japan's overall imports of crude oil declined 8.3 percent year-on-year to 3.01 million bpd for the fourth consecutive monthly fall. Shipments from the Middle East accounted for 82.0 percent of the total, down 2.9 percentage points from a year before.
Saudi Arabia remained Japan's No.1 oil supplier, with imports from the kingdom growing 3.4 percent from a year earlier to 932,000 bpd, followed by the United Arab Emirates with 767,000 bpd, down 14.4 percent. Qatar ranked third with 235,000 bpd and Russia fourth with 214,000 bpd, respectively.
Japan is the world's-third biggest oil consumer after the US and China.

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