Kuwait's January crude oil exports to Japan down 55 pct


(MENAFN- Kuwait News Agency (KUNA)) TOKYO, Feb 26 (KUNA) -- Kuwait's crude oil exports to Japan in January fell 55.0 percent from a year earlier to 4.45 million barrels, or 143,000 barrels per day (bpd), for the 10th straight month of decline, government data showed Friday.
As Japan's fourth-biggest oil provider, Kuwait supplied 5.6 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 shrank 12.5 percent year-on-year to 2.58 million bpd, down for the 13th month in a row.
Shipments from the Middle East accounted for 93.5 percent of the total, up 0.1 percentage points from the year before.
Saudi Arabia remained in the top spot, with imports from the kingdom jumping 10.0 percent from a year earlier to 1.18 million bpd, followed by the United Arab Emirates with 782,000 bpd, down 17.0 percent.
Qatar ranked fourth with 200,000 bpd and Russia fifth with 74,000 bpd, respectively.
Japan is the world's-third biggest oil consumer after China and the US. (end)
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