December 21, 2016 / 10:15 AM / a year ago

TABLE-India's Reliance Nov oil imports fall 5.6 pct y/y - trade

NEW DELHI, Dec 21 (Reuters) - India's Reliance Industries Ltd, owner of the
world's biggest refining complex, shipped in about 5.6 percent less oil in November compared
with a year earlier as some units were shut for maintenance, 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 1.26 million barrels per day oil last month, a decline of about 1.7 percent from
October.
    The share of Latin American and African oil in Reliance's overall imports declined in the
first 11 months of 2016, as the company shifted away from dated-Brent linked oil to Middle
Eastern grades, the data showed. 
    The share of the Middle Eastern crude in Reliance's overall imports rose to about 56 percent
in January-November 2016, compared with 41 percent a year ago, the data showed.
    During the same period, African grades accounted for about 7.4 percent of the crude
purchased, compared with about 15.4 percent a year earlier, while the share of Latin American
oil slipped to about 34.9 percent from 42.1 percent. 
    Reliance's two advanced refineries in the western Indian state of Gujarat can process 1.2
million bpd of oil in total.
    Following are the details of Reliance's crude and condensate imports, according to the data.
Volumes are in 1,000 bpd:
 Region/Countr     Nov     Oct  %Change     Nov  %Change   Jan-Nov  Jan-Nov  %Change
 y                2016    2016  mth/mth    2015    yr/yr      2016     2015    yr/yr
 Latam                                                                              
 Brazil           98.3    22.8    331.8   131.6    -25.3      39.7     59.1    -32.8
 Colombia          0.0     0.0       --     0.0       --       6.2     25.7    -75.8
 Ecuador           0.0     0.0       --     0.0       --       0.0     35.0   -100.0
 Mexico           73.5   202.3    -63.7    70.9      3.7      81.4     71.4     14.0
 Venezuela       279.3   345.1    -19.1   276.8      0.9     328.6    334.8     -1.8
 TOTAL           451.1   570.3    -20.9   479.2     -5.9     456.0    525.9    -13.3
 Asia                                                                               
 Indonesia         0.0     0.0       --     0.0       --       9.9      0.0       --
 Australia         0.0     0.0       --     0.0       --       3.4      9.2    -62.8
 TOTAL             0.0     0.0       --     0.0       --      13.3      9.2     44.5
 Middle East                                                                        
 Neutral zone      0.0     0.0       --     0.0       --       0.0     10.5   -100.0
 Oman              0.0     0.0       --     0.0       --       3.1      0.0       --
 Iran              0.0    52.2   -100.0     0.0       --      44.8      0.0       --
 Iraq            103.4   132.4    -21.9   134.6    -23.2     166.1     91.8     80.9
 Qatar           100.4    30.6    227.7    72.2     39.0      90.8     48.3     88.0
 Kuwait            0.0     0.0       --    17.4   -100.0       9.1      5.3     71.2
 S Arabia        370.5   215.0     72.3   344.7      7.5     310.4    268.3     15.7
 U.A.E.           94.0   139.5    -32.6   155.8    -39.7      99.6     86.2     15.6
 Dubai             0.0    15.9   -100.0    16.7   -100.0       3.0      1.5     98.4
 TOTAL           668.3   585.5     14.1   741.4     -9.9     726.8    511.9     42.0
 C.I.S.                                                                             
 Azerbaijan        0.0     0.0       --     0.0       --       5.8      0.0       --
 Kazakhstan        0.0    63.4   -100.0     0.0       --       7.8      8.8    -10.6
 TOTAL             0.0    63.4   -100.0     0.0       --      13.7      8.8     55.5
 Africa                                                                             
 Nigeria         120.5     0.0       --     0.0       --      19.4     66.1    -70.7
 Angola            0.0    43.7   -100.0     0.0       --       9.8     31.4    -68.6
 Ivory coast       0.0     0.0       --     0.0       --       7.6      3.1    141.3
 Cameroon          0.0     0.0       --    23.9   -100.0       6.1     14.1    -57.1
 Congo             0.0     0.0       --     0.0       --       1.6      0.0       --
 Chad              0.0     0.0       --    32.5   -100.0       8.8     26.5    -66.9
 Egypt            18.7    17.6      6.2    56.9    -67.1      31.2     40.2    -22.3
 Gabon             0.0     0.0       --     0.0       --       2.0      1.0    110.3
 Sudan             0.0     0.0       --     0.0       --       1.9      3.8    -51.2
 Eq. Guinea        0.0     0.0       --     0.0       --       5.8      3.5     63.5
 Algeria           0.0     0.0       --     0.0       --       2.0      2.8    -26.5
 TOTAL           139.2    61.3    127.0   113.2     22.9      96.1    192.5    -50.1
 Canada            0.0     0.0       --     0.0       --       0.0      1.0   -100.0
 TOTAL ALL      1258.6  1280.6     -1.7  1333.9     -5.6    1305.7   1249.1      4.5
 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 Subhranshu Sahu)

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