June 20, 2013 / 3:18 PM / 4 years ago

TABLE-India's May fuel sales up 2.3 pct y/y - govt

June 20 (Reuters) - India's local oil product sales rose an annual 2.27 percent in May,
government data showed on Thursday, as a hefty jump in petrol sales on lower prices was largely
offset by a fall in fuel oil use during the month.
    Local oil product sales, a proxy for oil demand in the world's fourth-largest oil consumer,
totalled 14.06 million tonnes in May, according to data from the Petroleum Planning and Analysis
Cell of the oil ministry.
    Diesel consumption, which makes up over 40 percent of local fuel sales, declined marginally
in May from a year ago, while petrol sales were up 31.2 percent, the data showed.
    "Petrol demand in May was abnormally high as dealers built inventory in the beginning of the
month when prices were cut and again before the end of the month when prices were raised," said
an industry source. Petrol prices are revised every two weeks.
    India expects oil product demand to grow an annual 4.1 percent to 162 million tonnes in
2013/14, slower than 4.9 percent a year ago.
   The country's diesel demand is set to rise 6.3 percent while that of gasoline is expected to
grow 4.5 percent in the fiscal year that began on April 1, the PPAC has projected.
    India shipped in about 3.5 million barrels per day (bpd) of oil in May, a decline of about
4.9 percent over last year, the data showed. Oil products imports in May declined 12.9 percent
while exports were up 13.62 percent from a year ago.
    The data for imports and exports is preliminary as private refiners provide figures at their
discretion. 
    The following table gives details of India's domestic oil product sales, imports and
exports.
--------------------------------------------------------------
                  DOMESTIC SALES (in million tonnes)
--------------------------------------------------------------   
                    2013                   2012
PRODUCT     MAY   APR   MAR   FEB    MAY   APR   MAR   FEB    
--------------------------------------------------------------
Diesel     6.39  6.16  6.21  5.37   6.39  5.91  6.05  5.50                  
Petrol     1.70  1.27  1.44  1.28   1.29  1.25  1.42  1.23                  
LPG        1.24  1.23  1.35  1.28   1.32  1.23  1.34  1.34                  
Naphtha    0.91  1.00  1.01  0.94   1.07  0.89  0.95  0.85                  
Jet Fuel   0.46  0.45  0.48  0.43   0.45  0.44  0.48  0.46                  
Kerosene   0.61  0.59  0.62  0.63   0.62  0.60  0.66  0.68                  
Fuel Oil   0.52  0.50  0.58  0.51   0.68  0.68  0.74  0.70                  
Bitumen    0.57  0.54  0.71  0.49   0.47  0.45  0.64  0.51                   
All*      14.06 13.25 13.88 12.40  13.75 12.82 13.60 12.44                  
                         
--------------------------------------------------------------
                      REFINED PRODUCT IMPORTS
--------------------------------------------------------------
                    2013                     2012
PRODUCT      MAY   APR   MAR  FEB   MAY    APR    MAR  FEB  
--------------------------------------------------------------
Diesel      0.01  0.01  0.01 0.01  0.13  0.13   0.00 0.06                  
Petrol      0.00  0.00  0.00 0.00  0.00  0.00   0.00 0.00                  
LPG         0.52  0.52  0.44 0.35  0.52  0.56   0.53 0.45                  
Naphtha     0.13  0.13  0.14 0.07  0.17  0.14   0.15 0.11                  
Kerosene    0.00  0.00  0.00 0.00  0.00  0.00   0.00 0.00                  
Fuel Oil    0.05  0.09  0.14 0.12  0.06  0.13   0.08 0.17                  
All*        1.21  1.25  1.21 0.96  1.39  1.51   1.20 1.15                  
                                                        
 -----------------------------------------------------------
                     2013                 2012
 CRUDE OIL   MAY   APR    MAR    FEB   MAY   APR   MAR     FEB
 IMPORTS   14.84 15.76  15.25  14.06 15.60 14.90  15.29  13.72                    
 ------------------------------------------------------------
                        EXPORTS
--------------------------------------------------------------   
                    2013                   2012
PRODUCT     MAY   APR  MAR   FEB    MAY    APR   MAR   FEB
--------------------------------------------------------------
Diesel     1.68  1.93 2.24  1.86   1.61   1.33  2.09  1.12                    
Petrol     1.43  1.30 1.58  1.33   1.32   1.23  1.53  1.01                    
Naphtha    0.72  0.64 0.72  0.62   0.64   0.65  0.87  0.84                    
Jet Fuel   0.46  0.49 0.50  0.44   0.33   0.30  0.25  0.25                    
Fuel Oil   0.45  0.50 0.51  0.39   0.34   0.49  0.61  0.61                    
All*       5.20  5.32 5.99  5.19   4.58   4.21  5.68  4.17                     
--------------------------------------------------------------
NOTE:
 * Table includes estimated imports and exports by Reliance Industries' 580,000 bpd
refinery and Hindustan Mittal Energy's 180,000 bpd refinery for April and May
  * Total may not tally as all items are not included in the table and numbers are rounded off.
The numbers for previous months have been revised.

 (Reporting by Nidhi Verma in New Delhi; Editing by Jo Winterbottom)

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