Iran Provided 9,6% of Japan's Oil Imports in 2010

Thursday, February 3, 2011

Tokyo- (PanOrient News) Iran provided 9.6% of total Japanese crude oil imports last year, according to figures from the Ministry of Economy, Trade and Industry (METI).

It said that refiners and trading companies imported 129.6 million barrels of crude oil from Iran in 2010, suggesting that Japanese sanctions against Iran didn't affect its crude shipments.

This puts Iran in the 4th place in the list of crude providers to Japan.

Saudi Arabia remained the biggest oil supplier to Japan, exporting 389.5 million barrels, or 28.8% of Japan's total imports, followed by the United Arab Emirates with 276.4 million barrels, or 20.4% of Japan's crude imports in 2010. Qatar came third with 159.9 million barrels or 11.8% of total Japanese imports.

Kuwait came fifth with 96.69 million barrels (7.1%) and Russia followed with 96.2 million barrels (7.1%). Japan imported 43.7 million barrels from Iraq in 2010. This amounts to 3.2% of total imports.

Arabic countries, including Oman, Algeria, Sudan and The Saudi-Kuwaiti neutral zone, supplied 1.041 billion barrel or 76.9% of total Japanese crude imports in 2010, according to METI.

PanOrient News

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