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Japan’s Crude Imports Rise 9.25% In March To 4.209Mn B/D
Japanese crude oil imports averaged 4.209mn b/d in March, according to monthly import data released by Japan’s Ministry of Economy, Trade and Industry (METI) on 27 April. This is 9.25% above the February import figure of 3.853mn b/d and an increase of 11.28% over the February 2011 crude import figure of 3.783mn b/d. March imports from the Middle East averaged 3.452mn b/d, up by 7.72% from the February average of 3.205mn b/d but only 0.44% above the year-on-year average of 3.437mn b /d in March 2011. Saudi Arabia continues to be Japan’s main crude supplier, delivering an average of 1.375mn b/d in March compared to 1.135mn b/d in February, followed by the UAE, Qatar and Kuwait. Crude imports from Iran declined to an average of 270,675 b/d in March, compared to 305,784 b/d in February and 425,366 b/d in March 2011.
Japanese Crude Oil Imports, March 2012
(B/D)
Source
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March 2012
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February 2012
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March 2011
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Middle East
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3,452,180
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3,204,881
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3,437,187
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- Iran
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270,675
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305,784
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425,366
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- Iraq
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61,591
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68,266
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62,234
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- Saudi Arabia
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1,375,163
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1,135,188
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1,202,089
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- Kuwait
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339,196
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284,285
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233,310
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- Neutral Zone
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86,594
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78,274
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74,759
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- Qatar
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399,463
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461,669
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423,825
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- Oman
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105,531
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152,597
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92,873
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- UAE
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813,965
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718,818
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908,963
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- Yemen
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-
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-
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13,768
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East & Central Asia
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13,448
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-
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22,672
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Southeast Asia
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266,077
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250,823
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125,901
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Europe
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263,408
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170,436
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140,388
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Central & South America
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21,265
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24,107
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-
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Africa
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180,829
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152,734
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33,521
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Oceania
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12,098
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49,810
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22,951
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Total
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4,209,306
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3,852,791
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3,782,619
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Source
: METI. (Note: figures may not add up due to rounding). © Copyright MEES 2012.
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