Japan’s Oil statistics bulletin July 2018 – Trend of crude oil
The crude oil import volume in July was 14.4 million kl, 87.2% compared to the same month of the previous year, falling below the previous year for 2 consecutive months.
August 31, 2018
Natural Resources and Energy Agency
Resource · Fuel Department Policy Division
1. Crude Oil Trends
The crude oil import volume in July was 14.4 million kl, 87.2% compared to the same month of the previous year, falling below the previous year for 2 consecutive months. Looking in descending order of import volume,
(1) Saudi Arabia (4.86 million kl, 73.8% compared to the same month of the previous year)
(2) United Arab Emirates (3.92 million kl, 113.9% same)
(3) Qatar (1.1 million kl, 84.9% same)
(4) Kuwait (1.6 million kl, 94.7% same)
(5) Iran (900,000 kl, 109.6% same).
Incidentally, this month’s dependence on the Middle East was 88.8%, up by 4.3 points from the same month last year, exceeding the previous year for 12 consecutive months.
2. Production of fuel oil
Production of fuel oil reached 13.44 million kl, a decrease of 91.6% from the same month of the previous year, falling below the previous year for 8 consecutive months. In terms of oil type, A heavy oil exceeded the same month of the previous year, but gasoline, naphtha, jet fuel oil, kerosene, light oil and B / C heavy oil fell below the same month of the previous year.
3. Import and export of fuel oil
The import of fuel oil was 2.75 million kl, which was 106.0% higher than the previous year, up from the previous year. Exports were 2.41 million kl, 82.2% compared with the same month in the previous year, falling below the previous year for 2 consecutive months.
4. Domestic sales of fuel oil
Domestic sales of fuel oil fell to 13.5 million kl, a decrease of 97.8% compared with the same month last year, for the fifth consecutive month. As for oil type, jet fuel and A heavy oil exceeded the same month of the previous year, but gasoline, naphtha, kerosene, light oil and B · C heavy oil fell below the same month of the previous year.
5. Stock of fuel oil
Inventory of fuel oil was 8.99 million kl, 92.4% compared with the same month of the previous year, falling below the previous year for 4 consecutive months. In terms of oil type, gas oil, gasoline, naphtha, jet fuel oil, kerosene, A heavy oil, and B · C heavy oil fell below the same month of the previous year, although diesel oil exceeded the same month of the previous year.
* The figures for production relations are also published on the website of the Ministerial Secretariat Survey Statistics Group.
http://www.meti.go.jp/statistics/tyo/sekiyuso/result/xls/h2j581011e.xlsx
Japan oil data – Jul 2018 – Energy Aspects
https://www.energyaspects.com/publications/view/2018-08-oil-data-review-japan-oil-data-jul-2018
Japan’s Imports of Saudi Oil Plung Energy Intelligence
http://www.energyintel.com/pages/login.aspx?fid=art&DocId=1009712