February 15, 2019 / 11:23 AM / 4 months ago

CORRECTED-TABLE-India's oil imports fell 10 pct in Jan y/y - trade

 (Correcting footnote)
    NEW DELHI, Feb 15 (Reuters) - India's oil imports declined
by 10.4 percent in January from a year earlier to about 4.6
million barrels per day (bpd) as Reliance Industries Ltd
, operator of the world's biggest refining complex,
curbed purchases due to maintenance of units, according to data
from shipping and industry sources.
    The share of Middle Eastern oil in India's imports declined
in January compared with same month last year, although Iraq
continued to be the top oil supplier to India followed by Saudi
Arabia. The share of South American and African oil rose
marginally in January, the data showed.
    India's oil imports from Iran fell by 45 percent in January
to 270,500 barrels per day oil (bpd). Iran was the seventh
biggest oil supplier to India in January compared with sixth in
December and slipped from the third position it held a year ago.

    The following table shows India's imports by country. The
imports include condensate. Volumes are in '000 bpd. 
    
 Region/Countr   Jan-2019   Dec-2018   pct chg   Jan-2018   pct chg
       y                                mth/mth               yr/yr
 Latam                                                             
 Brazil              59.2       96.0      -38.4      68.2     -13.3
 Colombia             0.0       70.6     -100.0       0.0        --
 Mexico             273.8      279.1       -1.9     247.3      10.7
 Venezuela          342.4      182.7       87.4     397.9     -13.9
 TOTAL              675.4      628.4        7.5     713.4      -5.3
                                                                   
 Asia                                                              
 Brunei              54.2        0.0         --      36.4      48.8
 Malaysia            92.9       38.7      139.9      77.5      19.9
 Australia            0.0       18.9     -100.0      24.2    -100.0
 TOTAL              147.1       57.6      155.4     138.1       6.5
                                                                   
 Middle East                                                       
 Oman                16.2       50.1      -67.8     214.1     -92.5
 Iran               270.5      302.0      -10.4     495.2     -45.4
 Iraq              1107.6      994.1       11.4    1235.0     -10.3
 Qatar               30.7       32.5       -5.6       0.0        --
 Kuwait             195.4      327.3      -40.3     283.5     -31.1
 S. Arabia          842.8      851.6       -1.0     944.6     -10.8
 U.A.E.             421.3      515.1      -18.2     345.3      22.0
 Yemen                0.0        0.0         --      67.0    -100.0
 TOTAL             2884.5     3072.7       -6.1    3584.7     -19.5
                                                                   
 Europe                                                            
 North sea           21.2        0.0         --       0.0        --
 TOTAL               21.2        0.0         --       0.0        --
                                                                   
 C.I.S.                                                            
 Azerbaijan          64.6        0.0         --      33.0      95.7
 Kazakhstan           0.0       95.0     -100.0      31.1    -100.0
 Russia              33.0       33.0        0.0      33.0       0.0
 TOTAL               97.6      128.0      -23.8      97.1       0.5
                                                                   
 Africa                                                            
 Nigeria            363.8      446.7      -18.6     329.7      10.3
 Angola              31.8      184.1      -82.7     126.9     -74.9
 Cameroon            22.1        0.0         --       0.0        --
 Egypt                0.0       65.7     -100.0      51.6    -100.0
 Gabon                0.0        0.0         --      33.6    -100.0
 Ghana               63.9        0.0         --       0.0        --
 Sudan               39.4       39.0        1.0       0.0        --
 Eq. Guinea          21.2       22.3       -4.6      21.1       0.5
 Algeria             31.3        0.0         --       0.0        --
 TOTAL              573.6      757.8      -24.3     563.0       1.9
                                                                   
 USA                165.3      219.4      -24.7       0.0        --
 TOTAL ALL         4564.6     4863.9       -6.2    5096.3     -10.4
   
 NOTE: The total may not tally as numbers in tonnes have been
rounded 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 December but
discharged in January. It may also include some parcels that
arrived in January and discharged in February. 

 (Reporting by Nidhi Verma; Editing by Elaine Hardcastle and
Mark Potter)
  
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