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TABLE-India's Reliance cuts Feb oil imports by 31 pct vs Jan - trade
March 31, 2017 / 1:34 PM / 8 months ago

TABLE-India's Reliance cuts Feb oil imports by 31 pct vs Jan - trade

    NEW DELHI, March 31 (Reuters) - India's Reliance Industries, owner of the world's
biggest refining complex, cut its oil imports by about a third in February from the previous
month, ship tracking data made available to Thomson Reuters showed.
    It shipped in about 48 percent of its oil needs from the Middle East in February, compared
with about 61 percent a year ago, while the share of Latin American grades in its overall
purchases rose to 42 percent from 33 percent. African grades' share in the overall purchases
almost doubled to 10 percent.
Following are the details of Reliance's crude and condensate imports, according to the data.
Volumes are in 1,000 bpd:
    
 Region/Coun  Feb     Jan      %Chg     Feb     %Chg    Jan-Feb  Jan-Feb  %chg
 try          2017    2017     mth/mth  2016    yr/yr      2017     2016  yr/yr
 Latam                                                                    
 Brazil         89.2    153.3    -41.8     0.0     --     122.9     33.2   270.3
 Colombia        0.0      0.0     --       0.0     --       0.0     34.8  -100.0
 Ecuador        77.2      0.0       --     0.0      --     36.6      0.0     --
 Mexico          0.0     70.1   -100.0    72.5  -100.0     36.8     69.8   -47.2
 Venezuela     292.6    260.4     12.4   432.7   -32.4    275.7    345.7   -20.2
 TOTAL         459.0    483.8     -5.1   505.2    -9.1    472.1    483.5    -2.4
 Asia                                                                        
 Indonesia       0.0      0.0       --    23.2  -100.0      0.0     11.2  -100.0
 TOTAL           0.0      0.0       --    23.2  -100.0      0.0     11.2  -100.0
 Middle East                                                                 
 Iran            0.0    113.8   -100.0     0.0      --     59.8      0.0     --
 Iraq          152.7    195.1    -21.7   280.6   -45.6    174.9    237.6   -26.4
 Qatar          40.9     65.1    -37.1   143.0   -71.4     53.6     79.7   -32.7
 Kuwait          0.0      0.0       --     0.0      --      0.0     17.4  -100.0
 S Arabia      213.0    441.0    -51.7   402.1   -47.0    332.8    387.6   -14.1
 U.A.E.         95.9     92.6      3.6   108.7   -11.7     94.2     67.0    40.6
 Dubai          17.5     15.8     10.9     0.0      --     16.6      8.3    99.2
 TOTAL         520.1    923.4    -43.7   934.5   -44.3    732.0    797.5    -8.2
 CIS                                                                         
 Kazakhstan      0.0     31.5   -100.0     0.0      --     16.5      0.0     --
 TOTAL           0.0     31.5   -100.0     0.0      --     16.5      0.0     --
 Africa          0.0      0.0       --     0.0      --      0.0      0.0     --
 Nigeria        65.9     62.4      5.7    33.0    99.6     64.1     47.8    34.0
 Cameroon        0.0      0.0       --    24.5  -100.0      0.0     23.1  -100.0
 Chad            0.0     31.7   -100.0     0.0      --     16.6      0.0     --
 Egypt          39.4     35.4     11.3     0.0      --     37.3     18.0   106.7
 Sudan           0.0      0.0       --    21.7  -100.0      0.0     10.5  -100.0
 Algeria         0.0      0.0       --     0.0     --       0.0     11.3  -100.0
 TOTAL         105.3    129.4    -18.7    79.2    32.9    118.0    110.8     6.5
 TOTAL ALL    1084.4   1568.1    -30.8  1542.0   -29.7   1338.6   1403.0    -4.6
 The total may not tally as numbers in tonnes have been rounded off after converting them into
barrels per day using a conversion factor of 7.2 barrels per tonne, divided by the number of
days. Numbers for previous months have been revised.
The data also include cargo that arrived in January and discharged in early February.

 (Reporting by Nidhi Verma; Editing by Subhranshu Sahu)
  

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