Reuters logo
TABLE-India Reliance's March oil imports up 5.3 pct y/y - trade
April 26, 2017 / 12:47 PM / 5 months ago

TABLE-India Reliance's March oil imports up 5.3 pct y/y - trade

    NEW DELHI, April 26 (Reuters) - India's Reliance Industries, owner of the world's
biggest refining complex, imported 5.3 percent more oil in March from a year ago, ship tracking
data made available to Thomson Reuters showed. The imports were however a third more than the
low base of February, the data showed.
    In the first quarter of 2017, the private refiner shipped in 1.3 percent less oil from a
year ago. Reliance, which had reported its quarterly earnings on Monday, said its crude
processing declined marginally during the quarter due to a maintenance shutdown of a fluid
catalytic cracker.
    Reliance shipped in about 10 percent of its imports from dated-Brent linked African grades
compared with about 2.7 percent a year ago, the data showed. 
    The share of Latin American oil in its overall purchases however declined to about 39
percent from about 41.5 percent a year ago, while that of Middle East fell to about 46 percent
from 56 percent.
    Following are the details of Reliance's crude and condensate imports, according to the data.
Volumes are in 1,000 bpd:
 Region/Coun     March     Feb     %Chg   March   %Chg  Jan-March  Jan-March    %Chg
 try              2017    2017  mth/mth    2016  yr/yr       2017       2016   yr/yr
 Latam                                                                        
 Brazil           63.9    89.2    -28.4    23.2  175.0      102.6       29.8   244.2
 Colombia          0.0     0.0       --     0.0     --        0.0       22.9  -100.0
 Ecuador          24.7    77.2    -68.1     0.0     --       32.5        0.0      --
 Mexico           63.7     0.0       --    68.5   -7.0       46.1       69.4   -33.5
 Venezuela       395.7   292.6     35.2   467.0  -15.3      317.0      387.0   -18.1
 TOTAL           548.0   459.0     19.4   558.7   -1.9      498.2      509.1    -2.1
                                                                                 
 Asia                                                                            
 Indonesia         0.0     0.0       --     0.0     --        0.0        7.4  -100.0
 TOTAL             0.0     0.0       --     0.0     --        0.0        7.4  -100.0
                                                                                 
 Middle East                                                                     
 Iran             58.0     0.0       --    89.3  -35.0       59.2       30.4    94.5
 Iraq            200.5   152.7     31.4   135.8   47.7      183.8      202.9    -9.4
 Qatar            36.8    40.9    -10.0   120.9  -69.5       47.8       93.7   -49.0
 Kuwait            0.0     0.0       --     0.0     --        0.0       11.5  -100.0
 S Arabia        275.8   213.0     29.5   346.4  -20.4      313.2      373.5   -16.2
 U.A.E.           63.2    95.9    -34.1    59.9    5.5       83.5       64.6    29.4
 Dubai            15.8    17.5     -9.7     0.0     --       16.3        5.5   197.1
 TOTAL           650.3   520.1     25.0   752.3  -13.6      703.8      782.1   -10.0
                                                                                 
 C.I.S.                                                                          
 Kazakhstan       63.0     0.0       --     0.0     --       32.5        0.0      --
 Russia           21.6     0.0       --     0.0     --        7.5        0.0      --
 TOTAL            84.6     0.0       --     0.0     --       40.0        0.0      --
                                                                                 
 Africa                                                                          
 Nigeria          59.6    65.9     -9.6     0.0     --       62.5       31.5    98.3
 Cameroon          0.0     0.0       --     0.0     --        0.0       15.3  -100.0
 Chad              0.0     0.0       --     0.0     --       10.9        0.0      --
 Egypt            35.3    39.4    -10.4    36.2   -2.6       36.6       24.2    51.0
 Sudan            41.5     0.0       --     0.0     --       14.3        6.9   107.0
 Algeria           0.0     0.0       --     0.0     --        0.0        7.5  -100.0
 TOTAL           136.3   105.3     29.5    36.2  276.5      124.3       85.4    45.6
                                                                              
 TOTAL ALL      1419.2  1084.4     30.9  1347.3    5.3     1366.3     1384.0    -1.3
 
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 February and discharged in early March.

 (Reporting by Nidhi Verma; Editing by Biju Dwarakanath)
  

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below