UPDATE 1-Japan's FY2022/23 oil imports rise 5.1% y/y - METI

(Recasts with fiscal year's figure, imports from Russia) TOKYO, April 28 (Reuters) - Japan's crude oil imports rose 5.1% in 2022/23 fiscal year from a year earlier, to 2.7 million barrels per day (156.56 million kilolitres), the Ministry of Economy, Trade and Industry (METI) said on Friday. The oil imports by Japan climbed last fiscal year that ended on March 31 as economic activity has picked up from the pandemic-induced slump. Japan's oil imports from Russia fell 88.5% from a year earlier to 10,760 bpd, accounting for 0.4% of the nation's total imports, as local refiners have largely suspended their imports from Russia after Moscow's invasion of Ukraine. (1 kilolitre is equal to 6.2898 barrels)

In March, Japan's crude oil imports fell 12.7% from a year earlier to 2.51 million bpd (12.36 million kl), the METI said. There were no imports from Russia in March, though Japan bought 12,673 bpd (118,874 kl) in the first two months of 2023, according to the finance ministry's trade data.

Japan's domestic oil product sales last month fell 2.0% from a year earlier to 2.64 million bpd, the data showed.

Gasoline sales dropped 2.4% to 738,541 bpd, while kerosene sales down 22.9% from a year earlier to 235,280 bpd, the data showed.

The table below outlines Japan's Figures are converted to bpd from or barrels. Percentage changes are Product/Volume Mar Crude Imports 2,506,946 Processed 2,630,834 Shipment 3,182 Oil product sales 2,644,988 gasoline 738,541 kerosene 235,280 naphtha 689,690 Product imports 515,690 gasoline 14,133 kerosene 18,983 naphtha 443,911 Product exports 543,971 gasoline 110,329 kerosene 9,437 jet fuel 144,688 gas oil 129,023 fuel oil B, C 148,508 Refinery Output 2,634,749 gasoline 820,653 kerosene 218,276 naphtha 265,506 jet fuel 186,407 gas oil 656,012 Month end Inventory Mar Crude 62.0 Products 49.6 gasoline 10.0 kerosene 8.0 To see Japan’s monthly refinery Country Mar 2023 Total 12,355,772 100.0 Middle East 11,929,924 Bahrain 79,593 Banoc-Am 79,593 Arab-L 2,219,293 Kuwait 888,436 Khafji 88,016 Qatar 237,365 Murban 2,433,985 Vietnam 41,019 Ecuador 97,725 Napo 97,725 ($1 = 136.0500 yen) (Reporting by Yuka Obayashi. Editing product sales, imports and other statistics for March. kl unless otherwise noted. Inventory volumes are in millions based on bpd. Feb M/M(%) Yr/Yr(%) 2,727,478 -8.1 -12.7 2,774,637 -5.2 -2.7 12,538 -74.6 -14.3 2,944,118 -10.2 -2.0 760,484 -2.9 -2.4 460,140 -48.9 -22.9 662,263 4.1 13.8 559,606 -7.8 21.2 26,841 -47.3 14.2 59,337 -68.0 35.7 400,791 10.8 25.7 619,721 -12.2 10.9 146,424 -24.7 -0.9 22,757 -58.5 122300.0 129,600 11.6 47.6 155,989 -17.3 2.7 164,847 -9.9 -0.8 2,815,748 -6.4 0.4 851,325 -3.6 1.5 263,426 -17.1 -9.9 257,818 3.0 2.8 180,134 3.5 15.9 701,933 -6.5 1.7 Feb M/M(%) Yr/Yr(%) 65.7 -5.6 2.5 52.6 -5.7 4.2 10.6 -4.9 1.8 8.1 -1.5 11.9 run rate, click on The table below outlines Japan’s crude oil imports by country. Amounts are in kilolitres. Share M/M Yr/Yr 1.8 -12.7 96.6 0.2 -9.6 0.6 -50.3 -75.5 -
Saudi Arabia 5,211,477 42.2 -1.0 7.6 -
Arab-H 680,745 -
Arab-M 108,479 -
Arab-E-L 2,202,960 -
Kuwait 1,042,812 8.4 -18.8 4.4 -
Kwait-Sl 154,376 -
Neutral Zone 88,016 0.7 28.5 -
Qatar 770,278 6.2 -2.7 -41.1 -
Qatar-M 384,953 -
A-Shahen 147,960 -
United Arab Emirates 4,737,748 38.3 13.5 -12.5 -
Dubai 78,910 -
U-Zakum 475,932 -
DAS 1,472,334 -
Mubarraz 134,118 -
Umm-Lulu 142,469 -
South East Asia 113,242 0.9 42.6 614.5 0.3
Tanglong 41,019 -
Brunei 47,724 0.4 0.0
Champion 47,724 -
Indonesia 24,499 0.2
Lalang 24,499 -
North America 214,881 1.7 67.3
United States of America 214,881 1.7 67.3
Wtim 51,804 -
Mars 163,077 -
Central and South America 97,725 0.8 -67.3 0.8 -55.7 -
by Jane Merriman)

Reuters

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UPDATE 1-Japan&apos;s FY2022/23 oil imports rise 5.1% y/y - METI

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UPDATE 1-Japan's FY2022/23 oil imports rise 5.1% y/y - METI