Gulf Oil and Gas accountACCOUNT

India Oil Trade in August 2013

Source: OPEC 9/18/2013, Location: Asia

In July, India’s crude imports averaged 3.77 mb/d, 219 tb/d, or 6% higher than the level seen last month. On an annual basis, the increase is equal to 319 tb/d or 9%. Product imports saw an increase by 28 tb/d or 10% from a month ago to average 314 tb/d. Y-o-y, this reflects a drop of 32 tb/d or 9%. The monthly increase in product imports came mainly as a result of increased imports of naphtha, LPG and fuel oil, while diesel sales and imports declined in July as monsoon rains limited the need for dieseloperated pumps.

In terms of exports, India’s products increased in July by 127 tb/d from the previous month to average 1.4 mb/d, while they increased by 144 tb/d or 12% a year earlier. Monthly exports of petrol dropped by 4% from the previous month while all other product exports increased by a percentage ranging between 0.3% to 27%.

Consequentially, India’s net imports increased by 119 tb/d to average 2.7 mb/d or 5% higher than last month and a year ago.

Oil News in India >>

China >>  10/21/2019 - Total has signed a shareholders’ agreement with Chinese state-owned Zhejiang Energy Group (ZEG), to create a joint venture company dedicated to the su...
India >>  10/17/2019 - The Abu Dhabi National Oil Company (“ADNOC”), Adani Group (“Adani”), BASF SE (“BASF”) and Borealis AG (“Borealis”) have signed a Memorandum of Underst...

Russia >>  10/17/2019 - Rosneft has set drilling data monitoring stations with artificial intelligence elements at heavy drilling rigs. It was reported by the First Vice-Pres...
Azerbaijan >>  10/4/2019 - Saipem, in consortium with Boshelf LLC and STAR GULF FZCO, has recently been awarded three new contracts by BP for the development of the Azeri-Chirag...

Russia >>  9/30/2019 - As part of its exploration campaign, Rosneft Oil Company has successfully completed the drilling of the first prospecting and appraisal well at the Vo...
Russia >>  9/26/2019 - GTT has signed a contract with SAREN B.V. (Russian joint venture of Renaissance Heavy Industries Russia and Saipem) related to detailed design and con...

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 | 9 |

More News

Related Links

Gulf Oil and Gas
Copyright © 2019 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.