Japan's April oil imports for petrochemicals rise to 117,492kl

31 May 2013 08:24  [Source: ICIS news]

SINGAPORE (ICIS)--Japan’s imports of crude oil for use in its petrochemical industry surged to 117,492 kilolitres (kl) in April this year from 20,788 kilolitres in the same month last year, official data showed on Friday.

On a month-on-month basis, the country’s imports of crude oil “for petrochemistry” was up by 58.5% in April, according to data from the Ministry of Economy, Trade and Industry (METI).

Imports of crude oil for use in the electricity sector was down by 39.5% year on year at 927,976kl.

The Middle East accounted for 83.1% of overall crude oil shipments to Japan at 14.4m kl, with 36,005kl of the total amount being shipped from Iran, the ministry said.

Meanwhile, Japan’s production of naphtha rose by 1.4% year on year to 1.67m kl in April, while its output of jet fuel was up by 13.7% at 1.35m kl, it said.

The country’s production of paraffin wax was up by 35.5% year on year at 9.29m tonnes, METI added.

By: Nurluqman Suratman

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