Kuwait's crude oil exports to Japan down 5.3 percent

TOKYO - Kuwait's crude oil exports to Japan fell 5.3 percent in July from a year earlier to 6.69 million barrels, or 216,000 barrels per day (bpd), down for the third consecutive month, government data showed.

As Japan's fourth-biggest oil provider, Kuwait supplied 7.4 percent of the Asian nation's total crude imports, compared with 6.8 percent in the same month of last year, the Japanese Natural Resources and Energy Agency said in a preliminary report.

Japan's overall imports of crude oil plunged 17.8 percent year-on-year to 2.9 million bpd for the second straight monthly fall. Shipments from the Middle East accounted for 88.8 percent of the total, up 4.3 percentage points from the year before.

Saudi Arabia remained Japan's No.1 oil supplier, but imports from the kingdom declined 26.2 percent from a year earlier to 987,000 bpd, followed by the United Arab Emirates (UAE) with 795,000 bpd, up 13.9 percent.

Qatar ranked third with 223,000 bpd and Iran fifth with 184,000 bpd, respectively. Resource-poor Japan relies on imports for virtually all of its oil, gas and coal.

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