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TABLE-India's Reliance Aug oil imports down 9.2 pct y/y - trade
September 30, 2016 / 12:12 PM / a year ago

TABLE-India's Reliance Aug oil imports down 9.2 pct y/y - trade

NEW DELHI, Sept 30 (Reuters) - Reliance Industries Ltd, owner of the world's
biggest refining complex, shipped in about 9.2 percent less oil in August compared with a year
earlier, according to tanker arrival data from trade sources and ship-tracking services on the
Thomson Reuters terminal.
    Reliance, which has a diversified crude slate and shifts purchases to maximise revenue,
bought about 1.21 million bpd last month, a decline of about 6.7 percent from July.
    Last month, Reliance skipped purchases from Iran. In March, the Indian conglomerate had
resumed purchases from Tehran after a six-year gap. Reliance is looking for long-term supplies
from Iran. 
    The share of Latin American and African oil in Reliance's overall imports declined in the
first eight months of 2016, as the company shifted away from dated-Brent linked oil to Middle
Eastern grades, the data showed. 
    The share of Middle Eastern crude in Reliance's overall imports rose to about 57 percent in
January-July 2016 compared with 40 percent a year ago, the data showed.
    During the same period, African grades accounted for about 6.8 percent of the crude
purchased, compared with about 16.5 percent a year earlier, while the share of Latin American
oil slipped to about 34 percent from 42 percent. 
    Reliance's two advanced refineries in the western India state of Gujarat can together
process 1.2 million bpd of oil, or about 26 percent of India's overall capacity.
    Following are the details of Reliance's crude and condensate imports, according to the data.
Volumes are in 1,000 bpd:
    
 Region/Coun      Aug    July  %Change     Aug   %Change   Jan-Aug   Jan-Aug  %Change
 try             2016    2016  mth/mth    2015     yr/yr      2016      2015    yr/yr
 Latam                                                                               
 Brazil             0       0       --    32.5      -100      31.3      48.3    -35.2
 Colombia           0       0       --       0        --       8.6      26.5    -67.7
 Ecuador            0       0       --    66.8      -100         0      39.2     -100
 Mexico           132    72.1       83    62.3       112      68.9        72     -4.3
 Venezuela      263.3   471.2    -44.1   272.3      -3.3     331.8     333.1     -0.4
 TOTAL          395.3   543.3    -27.3   433.9      -8.9     440.6     519.1    -15.1
 Asia                                                                                
 Indonesia          0    20.7     -100       0        --      13.5         0       --
 Australia          0       0       --    57.1      -100       4.7       9.7    -51.6
 TOTAL              0    20.7     -100    57.1      -100      18.2       9.7     87.8
 Middle East                                                                         
 Neutral            0       0       --       0        --         0      14.4     -100
 zone                                                                         
 Oman               0       0       --       0        --       4.2         0       --
 Iran               0    56.6     -100       0        --      38.8         0       --
 Iraq           131.5      62    112.1    67.8        94     176.9      76.6    131.1
 Qatar           75.1   161.9    -53.6    27.6     172.4      91.5        47     94.4
 Kuwait          32.4       0       --    16.9      91.7      12.5       5.1    142.6
 S Arabia       295.6   233.7     26.5   291.7       1.3     314.5     259.4     21.3
 U.A.E.         178.7    79.8    123.9    47.8     273.4        98      91.5      7.1
 Dubai              0       0       --       0        --       2.1         0       --
 TOTAL          713.2     594     20.1   451.8      57.9     738.4       494     49.5
 CIS                                                                                 
 Azerbaijan         0       0       --       0        --         4         0       --
 Kazak              0       0       --       0        --       2.7       8.1    -66.3
 TOTAL              0       0       --       0        --       6.8       8.1    -16.2
 Africa                                                                              
 Nigeria            0       0       --   152.9      -100      11.8        75    -84.3
 Angola          32.1    30.6      4.7      62     -48.3         8        35    -77.3
 Ivory coast        0       0       --    33.8      -100         0       4.3     -100
 Cameroon           0       0       --       0        --       8.3      16.5    -49.4
 Chad            31.6    31.7     -0.3    63.3     -50.1       8.1      24.3    -66.8
 Egypt           35.3    53.2    -33.7    54.8     -35.6      36.1      36.8       -2
 Gabon              0       0       --       0        --       2.8       1.3    110.1
 Sudan              0       0       --    20.2      -100       2.6       5.3    -51.2
 Eq. Guinea         0    20.8     -100       0        --       7.9       4.8     63.3
 Algeria            0       0       --       0        --       2.8         0       --
 TOTAL             99   136.3    -27.4     387     -74.4      88.2     203.3    -56.6
 Canada             0       0       --       0        --         0       1.3     -100
 TOTAL ALL       1208  1294.4     -6.7  1329.8      -9.2    1292.3    1235.4      4.6
 
 Note: 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.      

 (Reporting by Nidhi Verma; Editing by Sherry Jacob-Phillips)

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