Gulf Oil and Gas accountACCOUNT

India Oil Trade in November 2014

Source: OPEC 11/27/2014, Location: Asia

Share |
In September, Indian crude imports remained at the same level seen a month earlier to average 3.8 mb/d. Furthermore, crude imports reflected an annual gain of 119 tb/d or 3%. Product imports in September increased by 57 tb/d from the previous month to average 500 tb/d while y-o-y they grew by 44 tb/d. Local Indian product sales went up by 2.9% in September on an annual basis. Monthly products imports were mainly higher in LPG, which increased by 25% over a month earlier. India’s product exports were 236 tb/d, or 18%, higher in September to average 1.5 mb/d. On a y-o-y basis, product exports were 250 tb/d, or 14%, lower than last year. India’s monthly product exports were higher in all products except for fuel oil, which declined by16 tb/d from last month. Consequently, India’s net imports declined by 178 tb/d to average 2.75 mb/d, reflecting a drop of 6% m-o-m yet still reflecting a y-o-y gain of 413 tb/d or 18%.

Oil News in India >>

Egypt >>  2/23/2017 - The Iraqi Oil Marketing Company SOMO has signed a contract for oil exports with the Egyptian government. The company forwarded the contract to the Pet...
Iraq >>  2/21/2017 - Rosneft and the Kurdistan Regional Government of Iraq signed a Cooperation Agreement in the fields of upstream, infrastructure, logistics and trading....

Iraq >>  2/21/2017 - Mr. Jabbar A. Allibi the minister of oil signed a memorandum of understanding with his Iranian counterpart Mr. Beigin Zangana to establish joint commi...
Libya >>  2/21/2017 - Rosneft PJSC signed investment and crude-purchasing agreements with Libya’s National Oil Corp. as more international companies return to the North Afr...

Iran >>  2/19/2017 - Belaruss BelOil Polska had purchased 600,000 barrels of Iranian Light and Heavy crude oil from National Iranian Oil Company (NIOC) for loading in Febr...
Iran >>  2/18/2017 - Polands second-biggest refiner Lotos is eying for sealing a long-term oil supply deal with Iran. Lotos Chief Executive Officer Marcin Jastrzebski sta...

Related Categories: Coal  Electricity  General  Natural Gas  Oil 

Related Articles: Coal  Electricity  General  Natural Gas  Oil 


India Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 |

More News

 

Oil & Gas Companies in India >>


Related Links

Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Privacy Policy.