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Japan to Raise Crude Storage Capacity for Saudi Aramco in Okinawa

Japan to Raise Crude Storage Capacity for Saudi Aramco in Okinawa

The Japanese government is preparing to raise the crude storage capacity that it lends to state-owned Saudi Aramco by 1.9 MMbbl (300,000 kilolitres) this summer, the trade ministry said on Friday.

Japan and Saudi Arabia last October agreed to raise the storage capacity in Okinawa, an island southwest of Japan, from 1 MMkl to 1.3 MMkl (8.2 MMbbl) by the summer of 2017, an official from the Ministry of Economy, Trade and Industry said, without commenting on a detailed timetable for the launch of the new tanks.

 

Currently the work is under way to have the additional storage ready at a storage facility in Uruma City in Okinawa prefecture, the official added.

Saudi Aramco has stored crude in Okinawa since February 2011 at no cost, and has used the facility to supply oil to China, Japan and South Korea and others.

Japan has a similar deal with Abu Dhabi National Oil Co (ADNOC), under which ADNOC can store up to 6.29 MMbbl (1 MMkl) at Kiire oil terminal in Kagoshima, in southern Japan, at no cost. ADNOC does not use the storage for commercial purposes, the trade ministry official said.

Japan treats the crude oil stored by Aramco and ADNOC as quasi-government oil reserves, counting half of the barrels as national crude reserves. In return for providing free storage space to them, Japan gets a priority claim on the stockpiles in case of an emergency.

Aramco and ADNOC need to fill at least half of the storage space at all times.

Japan has extended the storage deals with Aramco and ADNOC to the end of December 2019.

Aramco and ADNOC stored a total 1.67 MMkl (10.5 MMbbl) at the end of April, trade ministry data showed, which is equal to about 83.5% of space that Japan lends to them, according to Reuters calculations.

The Japanese government is preparing to raise the crude storage capacity that it lends to state-owned Saudi Aramco by 1.9 MMbbl (300,000 kilolitres) this summer, the trade ministry said on Friday.

Japan and Saudi Arabia last October agreed to raise the storage capacity in Okinawa, an island southwest of Japan, from 1 MMkl to 1.3 MMkl (8.2 MMbbl) by the summer of 2017, an official from the Ministry of Economy, Trade and Industry said, without commenting on a detailed timetable for the launch of the new tanks.

Currently the work is under way to have the additional storage ready at a storage facility in Uruma City in Okinawa prefecture, the official added.

 

Saudi Aramco has stored crude in Okinawa since February 2011 at no cost, and has used the facility to supply oil to China, Japan and South Korea and others.

Japan has a similar deal with Abu Dhabi National Oil Co (ADNOC), under which ADNOC can store up to 6.29 MMbbl (1 MMkl) at Kiire oil terminal in Kagoshima, in southern Japan, at no cost. ADNOC does not use the storage for commercial purposes, the trade ministry official said.

Japan treats the crude oil stored by Aramco and ADNOC as quasi-government oil reserves, counting half of the barrels as national crude reserves. In return for providing free storage space to them, Japan gets a priority claim on the stockpiles in case of an emergency.

Aramco and ADNOC need to fill at least half of the storage space at all times.

Japan has extended the storage deals with Aramco and ADNOC to the end of December 2019.

 

Aramco and ADNOC stored a total 1.67 MMkl (10.5 MMbbl) at the end of April, trade ministry data showed, which is equal to about 83.5% of space that Japan lends to them, according to Reuters calculations.

Additional Info

  • Origin: GhAgent/worldoil

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  • SAUDI ARABIA: African pilgrims constituted 9.5% of 2018 Hajj population

    About 166,000 African pilgrims, constituting 9.5% of the total population of over 2.3 million participated in the 2018 Hajj ceremony in Saudi Arabia, according to official records.

    Saudi Press Agency, SPA, cited records from the General Authority for Statistics (GASTAT) while reporting on pilgrim numbers for the event which pooled together millions of people to the city of Makkah.

    The African pilgrims according to the statistics comprised those from sub-Saharan Africa given that Saudi Arabia kept separate records for pilgrims arriving from Arab countries.

    Below are the final figures as reported by GASTAT

    • Total number of pilgrims reached 2.371.675
    • 1,758,722 arrived from outside Saudi Arabia
    • Whereas 612,953 came from inside Saudi Arabia.
    • Total number of male pilgrims reached 1,327,127
    • Total number of female pilgrims reached 1,044,548

    • Pilgrims arriving from outside Saudi Arabia, within Gulf Cooperation Countries, reached 34,140, (1.9%)
    • Pilgrims from Arab countries apart from GCC reached 395.410 (22.5%)
    • Pilgrims from Asian countries apart from Arab countries reached 1.049.496 (59.7%).
    • Pilgrims from African countries apart from Arab countries reached 166.083 (9.5%).
    • Pilgrims from European countries reached 88.601 (5.0%)
    • Pilgrims from North America, South America, and Australia reached 24.992 (1.4%).

    GCC member states are Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates.

    Moreover, 1.656.936) pilgrims who came from outside Saudi Arabia arrived through air ports, and 85,623 of whom arrived through land ports. However, 16,163 pilgrims arrived through sea ports.

    The Hajj is on record as the most attended annual gathering, it pools together over two million Muslims who undergo rites in a number of historic and holy sites in the blessed land of Makkah.

    The Saudi government operates a quota system for particularly Muslim majority nations. Africa occupied four slots in the top 10 pilgrim contributing countries for the year 2017.

    According to figures published by Gulf news channel Al Jazeera, Egypt with 108,000 pilgrims was Africa’s largest contingent even though they placed fifth on the list. The top contributor was Indonesia followed by India, Pakistan and Bangladesh in that order.

    Other African countries that made the top 10 are Nigeria (79,000), Africa’s most populous nation is sandwiched by Iran and Turkey. Algeria (36,000) and Morocco (31,000) complete the top 10 list.

    The Hajj is one of the pillars of Islam. It is an annual pilgrimage to Saudi Arabia – where pilgrims observe a number of rites concentrated in the city of Makkah. It is a once in a lifetime event, even though a person can observe it multiple times.

    Hajj Ritual

    The Hajj ritual is traced back to the time of the Prophet Abraham by Muslims. It is a religious obligation to embark on Hajj at least once in a lifetime of every Muslim who can afford it.

    Hajj is observed for five days in the last month of the Islamic lunar calendar and is one of the five pillars of Islam.

    Male pilgrims wear two white seamless cloths called Ihram which is meant to show equality before God.

    One of the cloths is wrapped around the waist reaching below the knee and the other draped over the left shoulder and tied at the right side.

    For female pilgrims, they are allowed to wear any Islamically approved dresses when they reach the Miqat (a destination where intent is declared depending on where you are coming from).

    The pilgrims perform ablution at the Miqat, declare their intention for Hajj and then refrain from all the prohibited activities including sexual relations, using perfumes, cutting nails, shaving, killing animals among others.

    On the first day of Hajj, the pilgrims walk seven times around the Kaaba and kiss the black stone or point at it and pray if they can’t reach it.

    This is followed by prayers inside the mosque near the Kaaba and then drink water from the Zamzam well which is believed to have gushed out where Abraham’s crying son Ishmael was placed when his mother went out looking for water for him.

    The pilgrims then move to the Safa and Marwah hills near the Kaaba where they run or walk seven times between the hills like Ishmael’s mother Hagar did in search of water for her son.

    The male pilgrims then completely shave their heads while the females cut a piece of their hair to signal the end of the ritual in Mecca called Umrah.

    After the morning prayer, the pilgrims proceed to Mina where they spend the whole day in prayer.

    They move to Arafat the next day and stand in vigil from noon to sunset to offer supplications, seek repentance and listen to sermons from where Prophet Muhammad is believed to have delivered his last sermon. The ritual at Arafat is compulsory to fulfil a Hajj successful.

    The pilgrims leave Arafat for Muzdalifah where they combine two prayers and spend the night in the open and gather pebbles for the next day’s ritual.

    They move to Mina to perform the symbolic stoning of the devil by throwing seven pebbles at the largest of three pillars.

    Animals are slaughtered after throwing the pebbles to commemorate Abraham’s sacrifice to God. This is simultaneous with the Eid al-Adha festival of sacrifice celebrated by Muslims worldwide.

    The male pilgrims shave their hairs after the sacrifice and females clips pieces of their hair. They then head to the holy mosque at Mecca for another circumambulation of the Kaaba.

    On the fourth day, the pilgrims go to Mina and throw seven pebbles at each of the three pillars. The same ritual is done on the fifth day and the sixth if the pilgrim is not able to return to Mecca.

    Before leaving Mecca, the pilgrims perform another circumambulation of the Kaaba for seven times anti-clockwise.

    This ends the Hajj ritual.