📊Petroleum statistics bulletin February 2018

📊Petroleum statistics bulletin February 2018

March 30, 2018

Natural Resources and Energy Agency

Resource · Fuel Department Policy Division

1. Crude Oil Trends

Imports of crude oil in February amounted to 13,330,000 kl, 84.6% of the same month the year before, falling below the previous year for 3 consecutive months. Looking in descending order of import volume,

(1) Saudi Arabia (5.54 million kl, 86.1% of the same month the previous year)

(2) United Arab Emirates (3.9 million kl, 92.4% same)

(3) Kuwait (1 million kl, 77.5% same)

(4) Qatar (97 million kl, 82.1% same)

(5) Russia (960,000 kl, 75.3% same).

Incidentally, this month’s dependence on the Middle East was 87.4%, up 1.9 points from the same month last year, exceeding the previous year for 7 consecutive months.

2. Production of fuel oil

Production of fuel oil reached 13.55 million kl, a decrease of 93.6% from the same month of the previous year, falling below the previous year for 3 consecutive months. In terms of oil type, kerosene exceeded the same month of the previous year, gasoline, naphtha, jet fuel oil, light oil, A heavy oil and B · C heavy oil fell below the same month of the previous year.

3. Import and export of fuel oil

Imports of fuel oil amounted to 3.13 million kl, 110.3% of the same month last year, exceeding the previous year for the seventh consecutive month. Exports were 2.27 million kl, 92.8% of the same month last year, falling below the previous year for 2 consecutive months.

4. Domestic sales of fuel oil

Domestic sales of fuel oil reached 15.79 million kl, an increase of 101.7% compared to the same month last year, exceeding the previous year for the first time in five months. In terms of oil type, gasoline, kerosene, A heavy oil and B · C heavy oil exceeded the same month of the previous year, but naphtha, jet fuel oil and diesel oil fell below the same month of the previous year.

5. Stock of fuel oil

Inventory of fuel oil stock of fuel oil was 8.05 million kl, 88.3% compared to the same month of the previous year, falling below the previous year for 3 consecutive months. In terms of oil type, the total oil types (gasoline, naphtha, jet fuel oil, kerosene, light oil, heavy oil A and B / C heavy oil) were lower than the same month of the previous year.

-Translated by TokioX

http://www.meti.go.jp/statistics/tyo/sekiyuso/result/pdf/h2j581011e.pdf