December 23, 2019 / 3:54 PM / 2 months ago

TABLE-India's Nov oil imports down 6% from Oct - trade data

    NEW DELHI, Dec 23 (Reuters) - India imported 4.28 million barrels per day (bpd) of oil in
November, down 6% from the previous month, according to data from shipping and industry sources.

    The sources declined to be identified as they were not authorised to speak with the media.
    The fall in imports limited India's fiscal deficit but it also potentially
pointed to an economic slowdown. India has revised down its fuel demand growth estimates for the
current fiscal year to a six-year low of 1.3%.
    The following table shows India's oil imports by country, including condensates. Volumes are
in '000 bpd.
 
  
 Region/Count     Nov     Oct    %chg      Nov    %chg     Jan-Nov     Jan-Nov    %chg
 ry              2019    2019  mth/mth    2018   yr/yr        2019        2018   yr/yr
 Latin                                                                                
 America                                                                        
 Brazil           0.0    22.8   -100.0     0.0      --        48.2        57.4   -16.1
 Colombia         0.0     0.0       --     0.0      --         3.2        13.0   -75.3
 Ecuador          0.0     0.0       --     0.0      --         9.6         6.2    54.2
 Mexico         208.5   269.3    -22.6   138.6    50.4       223.1       187.8    18.8
 Venezuela      181.9   244.9    -25.7   440.7   -58.7       315.7       359.1   -12.1
 Argentina        0.0     0.0       --     0.0      --         0.0         3.9  -100.0
 TOTAL          390.4   537.0    -27.3   579.3   -32.6       599.9       627.5    -4.4
                                                                                      
 Asia                                                                                 
 Brunei           0.0     0.0       --    18.9  -100.0        22.4        17.0    31.7
 Malaysia        99.9    29.0    244.8    73.2    36.4        64.5        76.2   -15.3
 Indonesia        0.0     0.0       --     0.0      --         3.8         0.0      --
 Australia        0.0     0.0       --     0.0      --         0.0         4.3  -100.0
 TOTAL           99.9    29.0    244.8    92.1     8.4        90.7        97.5    -7.0
                                                                                      
 Middle East                                                                          
 Oman             0.0    16.1   -100.0    20.0  -100.0        38.3        71.9   -46.7
 Iran             0.0     0.0       --   276.1  -100.0       121.6       552.3   -78.0
 Iraq          1009.2  1195.6    -15.6   925.7     9.0      1048.8       959.4     9.3
 Qatar           16.9   124.2    -86.4    35.1   -51.9        46.6        55.0   -15.4
 Kuwait         187.8   300.4    -37.5   272.4   -31.1       217.7       226.1    -3.7
 S. Arabia     1049.5   738.7     42.1   866.7    21.1       831.9       786.7     5.7
 U.A.E.         615.1   234.3    162.5   468.2    31.4       357.9       300.5    19.1
 Dubai           16.6     0.0       --     0.0      --         1.5         1.5     0.3
 Yemen            0.0     0.0       --     0.0      --         0.0         6.2  -100.0
 TOTAL         2895.1  2609.3     11.0  2864.3     1.1      2664.3      2959.7   -10.0
                                                                                      
 Europe                                                                               
 North sea        0.0     0.0       --     0.0      --         6.9         1.7   315.5
 Norway           0.0     0.0       --     0.0      --         0.0         2.9  -100.0
 TOTAL            0.0     0.0       --     0.0      --         6.9         4.6    52.1
                                                                                      
 C.I.S.                                                                               
 Azerbaijan       0.0    32.8   -100.0    34.2  -100.0        56.2        41.5    35.6
 Kazakhstan     161.6    92.9     73.9     0.0      --        64.1        26.5   142.3
 Russia          33.9    65.8    -48.5    69.4   -51.2        52.0        33.7    54.0
 TOTAL          195.5   191.5      2.1   103.6    88.7       172.3       101.7    69.5
                                                                                      
 Africa                                                                               
 Nigeria        250.1   482.0    -48.1   309.0   -19.1       371.6       332.7    11.7
 Angola          95.0   119.1    -20.2    63.2    50.5       129.9       135.2    -3.9
 Ivory coast     31.3     0.0       --     0.0      --         6.0         0.0      --
 Cameroon         0.0     0.0       --     0.0      --         8.1         6.0    36.4
 Congo            0.0     0.0       --    31.7  -100.0        27.6        12.8   114.7
 Chad             0.0    31.8   -100.0     0.0      --        11.8        24.7   -52.1
 Egypt           84.1    47.2     78.3    19.1   341.5        47.6        43.4     9.7
 Gabon            0.0     0.0       --     0.0      --         0.0        20.3  -100.0
 Ghana           31.4     0.0       --    30.3     3.5        22.7        11.6    95.6
 Sudan            0.0    40.9   -100.0     0.0      --        16.6        20.9   -20.6
 Eq Guinea       21.9     0.0       --     0.0      --        26.1         8.0   227.0
 Algeria         32.5    29.5     10.1    32.4     0.2        58.6        34.9    68.1
 Libya            0.0     0.0       --     0.0      --         2.9         6.0   -51.0
 TOTAL          546.3   750.4    -27.2   485.6    12.5       729.5       656.3    11.1
                                                                                      
 CANADA          71.7   102.6    -30.1     0.0      --        21.0         3.4   522.3
 USA             84.6   335.7    -74.8   108.5   -22.0       188.7       101.1    86.7
 TOTAL ALL     4283.5  4555.7     -6.0  4233.4     1.2      4473.4      4551.7    -1.7
    NOTE: The totals may not tally as numbers in tonnes have been rounded off after converting
them into barrels using a conversion factor of 7.3 barrels per tonne and dividing by the number
of days. 
    Numbers for the previous months may have been revised.
    The data includes some oil tankers that arrived in November but discharged in December. It
may also include some parcels that arrived in October and discharged in November. 

 (Reporting by Nidhi Vermal; Editing by David Clarke)
  
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