April 23, 2020 / 12:23 PM / a month ago

TABLE-India oil imports decline 7.4% in March from Feb -sources

    NEW DELHI, April 23 (Reuters) - India imported about 7.4% less oil in March, compared with
the pervious month, as some refineries had to cut crude processing due to low demand and shut
units for maintenance, according to preliminary tanker arrival data obtained from shipping and
industry sources.
    India shipped in about 4.4 million barrels per day (bpd) oil in March, nearly 2.4% more than
a year earlier, the data showed.
    The share of Latin American nations in March rose to 18.8% from 17.9% a year earlier largely
due to higher purchases of Mexican oil. 
    Middle Eastern countries supplied about 59% of India's overall oil imports in March, down
from 60% a year earlier, the data showed.
    The share of African oil in India's overall imports declined to 9.6% from 12% a year ago.
    The following table shows India's imports by country. The imports include condensate.
Volumes are in '000 bpd.
 Region/Cou     Mar     Feb    %chg     Mar    %chg  Jan-Ma  Jan-Ma   % chg  Apr-Mar  Apr-Ma    %chg
 ntry          2020    2020     m/m    2019   yr/yr  r 2020  r 2019   yr/yr   2019/2       r   yr/yr
                                                                                   0  2018/1  
                                                                                           9  
 Latin                                                                                              
 America                                                                                      
 Brazil        93.0   124.1   -25.1    98.1    -5.2    93.7    76.4    22.6     51.3    65.4   -21.5
 Colombia       0.0     0.0      --     0.0      --     0.0     0.0      --      2.9    17.9   -83.6
 Ecuador       49.5     0.0      --     0.0      --    16.8     0.0      --     13.0     5.7   127.0
 Mexico       270.0   258.7     4.4   209.2    29.1   231.5   287.5   -19.5    196.3   217.9    -9.9
 Venezuela    416.8   371.3    12.3   463.5   -10.1   400.5   361.4    10.8    351.4   361.0    -2.7
 Argentina      0.0     0.0      --     0.0      --     0.0     0.0      --      0.0     3.6  -100.0
 TOTAL        829.3   754.1    10.0   770.9     7.6   742.5   725.3     2.4    615.0   671.5    -8.4
                                                                                                    
 Asia                                                                                               
 Brunei        36.3     0.0      --    55.0   -34.0    24.6    44.4   -44.5     20.4    21.8    -6.4
 Malaysia      39.3    62.4   -36.9    58.2   -32.4    46.3    71.7   -35.5     59.3    72.6   -18.4
 Indonesia      0.0     0.0      --     0.0      --     0.0     0.0      --      3.4     0.0      --
 Australia      0.0     0.0      --     0.0      --     0.0     0.0      --      0.0     1.6  -100.0
 TOTAL         75.6    62.4    21.2   113.2   -33.2    70.9   116.1   -38.9     83.1    96.0   -13.5
                                                                                                    
 Middle                                                                                             
 East                                                                                         
 Oman          64.9     0.0      --    32.1   102.2    33.1    34.0    -2.7     37.6    34.3     9.6
 Iran           0.0     0.0      --   405.0  -100.0     0.0   313.4  -100.0     33.9   479.5   -92.9
 Iraq         934.1  1158.9   -19.4   919.6     1.6  1122.2  1027.0     9.3   1055.5   936.8    12.7
 Qatar         93.1    99.7    -6.6    59.5    56.4    88.8    41.7   113.1     59.5    50.6    17.6
 Kuwait       209.9   207.9     0.9   214.7    -2.3   226.5   225.6     0.4    214.7   217.6    -1.4
 S. Arabia    681.9   909.4   -25.0   667.7     2.1   770.3   794.2    -3.0    839.8   788.0     6.6
 U.A.E.       611.8   529.8    15.5   286.6   113.5   592.2   363.5    62.9    442.8   350.2    26.5
 Dubai          0.0     0.0      --     0.0      --     0.0     0.0      --      1.4     0.0      --
 TOTAL       2595.6  2905.7   -10.7  2585.2     0.4  2833.0  2799.4     1.2   2685.1  2856.9    -6.0
                                                                                                    
 Europe                                                                                             
 North sea      0.0     0.0      --    18.9  -100.0     0.0    13.8  -100.0      4.8     4.9    -3.3
 Norway         0.0     0.0      --     0.0      --     0.0     0.0      --      1.1     2.6   -59.4
 TOTAL          0.0     0.0      --    18.9  -100.0     0.0    13.8  -100.0      5.8     7.6   -22.9
                                                                                                    
 C.I.S.                                                                                             
 Azerbaijan    88.9    23.4   280.3    54.9    61.9    37.7    63.8   -40.9     45.0    43.6     3.2
 Kazakhstan    95.9   134.9   -28.9    65.0    47.6   129.5    33.2   289.8     93.3    37.8   146.6
 Russia        56.4   104.5   -46.0     0.0      --    71.3    11.4   528.2     65.1    33.7    93.2
 TOTAL        241.2   262.7    -8.2   119.9   101.2   238.5   108.4   120.1    203.4   115.1    76.7
                                                                                                    
 Africa                                                                                             
 Nigeria      280.1   297.8    -5.9   270.9     3.4   293.0   372.4   -21.3    344.1   343.2     0.3
 Angola        61.2   129.7   -52.8   125.0   -51.1    80.8    98.4   -17.9    117.1   117.6    -0.4
 Ivory          0.0     0.0      --     0.0      --     0.0     0.0      --      5.5     0.0      --
 coast                                                                                        
 Cameroon       0.0     0.0      --     0.0      --    10.3     7.6    35.3     10.7     7.3    45.5
 Congo          0.0     0.0      --     0.0      --     0.0    10.0  -100.0     22.7    12.7    78.7
 Chad           0.0     0.0      --    31.4  -100.0    21.4    10.8    97.9     13.5    22.5   -40.3
 Egypt         53.0    33.6    57.5    33.2    59.5    50.2    23.5   113.8     55.7    40.8    36.5
 Gabon          0.0     0.0      --     0.0      --     0.0     0.0      --      0.0    13.1  -100.0
 Ghana          0.0     0.0      --     0.0      --     0.0    32.5  -100.0     12.7    15.9   -20.0
 Sudan          0.0     0.0      --     0.0      --     0.0    27.4  -100.0      8.4    27.4   -69.3
 Eq. Guinea     0.0    23.8  -100.0     0.0      --    14.8    14.6     1.4     27.0     9.1   196.4
 Algeria       31.3    54.1   -42.2    53.0   -41.0    49.3    50.6    -2.7     61.1    41.8    46.0
 Libya          0.0     0.0      --     0.0      --     0.0     0.0      --      2.7     5.5   -51.2
 TOTAL        425.5   539.0   -21.1   513.5   -17.1   519.8   648.0   -19.8    681.1   656.9     3.7
                                                                                                    
 Canada        18.4     0.0      --     0.0      --     6.3     0.0      --     26.6     3.1   759.7
 USA          225.0   240.3    -6.4   185.0    21.6   228.2   131.0    74.1    204.7   137.9    48.4
 TOTAL ALL   4410.6  4764.2    -7.4  4306.5     2.4  4639.2  4542.1     2.1   4504.8  4545.1    -0.9
 
NOTE: The total may not tally as numbers in tonnes have been rounded after converting them into
barrels per day using a conversion factor of 7.3 barrels per tonne divided by the number of
days.
Numbers for previous months have been revised.
Data also includes some crude parcels that arrived in February but discharged in March. It also
include some parcels that arrived in March and were discharged in April.

 (Reporting by Nidhi Verma; Editing by Anil D'Silva)
  
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