Gulf Oil and Gas accountACCOUNT

India Oil Trade - December 2015

Source: OPEC 12/30/2015, Location: Asia

India’s crude imports declined in October by 176 tb/d, or 5%, from a month ago to average 3.7 mb/d. Crude imports showed an annual drop of 147 tb/d, or 4%. India’s product imports increased by 30 tb/d, or 5%, m-o-m to average 647 tb/d, while increasing y-o-y by 209 tb/d. Higher product imports came on the back of higher imported volumes of gasoline and LPG, which increased by 25 tb/d and 11 tb/d, respectively.

India’s product exports dropped in October by 239 tb/d or 18% to average 1.1 mb/d, the lowest level since April 2015. Y-o-y, product exports showed a higher drop, declining by 389 tb/d. A monthly product export drop came on the back of lower diesel, naphtha and fuel oil exports, which declined by 98 tb/d, 60 tb/d and 35 tb/d, respectively, from the previous month.

Consequentially, India’s net imports increased by 93 tb/d to average 3.2 mb/d, reflecting a gain of 3% m-o-m and a 451 tb/d or 16% gain y-o-y.

Oil News in India >>

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...
Kazakhstan >>  9/24/2019 - Alik Aidarbayev, Chairman of the Management Board at JSC NC “KazMunayGas” (“KMG”) met with Tore Loseth, Senior Vice President for Exploration at Equin...

Kazakhstan >>  9/20/2019 - President of PJSC LUKOIL Vagit Alekperov and Chairman of the Management Board of KazMunayGaz Alik Aidarbayev have signed today in Almaty (Kazakhstan) ...

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.