Categories: Business

Arab Petroleum provided 93.2% of Japan’s imports in December


Tue, 2023-01-31 16:06

TOKYO: Japan remained heavily dependent on Arab crude oil to generate about 30 percent of its energy needs for its economy in December 2022, data showed.

In numbers, Arab Petroleum provided 93.2% of the 91.87 million barrels of oil imported by Japan in that month, with 93.2% of that amount, or 85.62 million barrels, coming from the six Arab countries of Saudi Arabia, the United Arab Emirates, Kuwait, Qatar, Bahrain, and Oman, according to data from the Agency for Natural Resources and Energy of the Japanese Ministry of Economy, Trade and Industry.

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