UAE Secured 45.4% of Japan Oil Imports in April 2024
Japan oil imports were dominated by the UAE through last April, the quantity of oil barrels reached 35.79 million.
In fact, the UAE emerged as the primary supplier of crude oil to Japan in April 2024.
As it has accounted for 45.4% of the country’s total oil imports.
Japan imported approximately 74.39 million barrels of oil during the month, with Arab oil sources contributing 94.7% of this volume.
The UAE’s dominance in Japan’s oil imports reflects the strong economic and energy ties between the two nations.
This development aligns with the UAE’s strategic focus on strengthening its position as a reliable and trusted supplier of energy to key markets worldwide.
Japan Relies on the Middle East’s Oil Resources
The UAE’s oil exports to Japan amounted to 35.79 million barrels in April 2024.
During the same period, other major oil suppliers to Japan included:
Kuwait (6%), Qatar (3.5%), Oman (0.6%), and the Neutral Zone (0.6%).
Japan’s reliance on Middle Eastern oil sources stems from geographical proximity and the region’s vast oil reserves.
Mentioning that the UAE’s commitment to ensuring a stable and secure supply of oil has been instrumental in fostering its position as a key partner for Japan’s energy needs.
The UAE’s substantial contribution to Japan oil imports highlights the nation’s unwavering commitment to meeting the energy demands of its global partners.
Leading Provider
This achievement underscores the UAE’s position as a leading player in the global oil market.
Highlighting that it is recognized for its reliability and adherence to international standards.
However, the strong energy ties between the UAE and Japan exemplify the mutually beneficial partnerships.
That underpin global energy security and economic cooperation.
His Excellency Hussain Ibrahim Al Hammadi, UAE Ambassador to the People’s Republic of China, stressed that the strong relations between the United Arab Emirates and the People’s Republic of China have contributed to establishing a unique model that demonstrates the strength of… pic.twitter.com/pjmjeoO4EP
— UAE Voice (@uae_voiceeng) June 3, 2024
The UAE’s dominant share of Japan oil imports in April 2024 reaffirms its status as a dependable and strategic energy supplier.
It is also contributing to the stability and sustainability of the global energy landscape.
Read Also:
The UAE Dominates Commercial Shipping in the Region, Why?
DP World Jeddah Logistics Park: The Largest in KSA
ENOC Wins Two Sustainability Awards
