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 >>

Iran >>  5/9/2018 - The U.S. President Trump abandoned a nuclear deal with Iran that was agreed in late 2015, raising the risk of conflict in the Middle East and casting ...
Indonesia >>  5/8/2018 - KBR, Inc. (KBR) has been awarded a pre-FEED contract by INPEX Corporation through its subsidiary INPEX Masela Ltd for the Abadi onshore LNG Project in...

China >>  4/27/2018 - JGC Corporation has reached an agreement for co-operation relating to projects that adopt the module method and concluded the five-year “Strategic Co-...
Azerbaijan >>  4/26/2018 - SOCAR and BP have signed a new production sharing agreement (PSA) for the joint exploration and development of Block D230 in the North Absheron basin ...

India >>  4/26/2018 - Siemens Gamesa Renewable Energy's positioning in India has received an important boost with this order, its largest ever in this market. Under the ter...

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 | 8 |

More News

 

Oil & Gas Companies in India >>


Related Links

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