indian crude oil imports

8/12/2019 Indian Crude Oil Imports

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India's country-wise crude oil importssince 2001/02

Mon Aug 6, 2012 3:55pm IST0 COMMENTS

Aug 6 (Reuters) - Iran slipped to third place among India's oil suppliers

in 2011/12, replaced by Iraq and ceding a position it had held for five

years as western financial pressure took its toll on imports from the

sanctions-hit nation. Imports from Iran declined 2.4 percent in the year

ending March 31, 2012 at 362,600 barrels per day (bpd), the data compiled

by the Petroleum Planning and Analysis Cell of the federal oil ministry

showed. India, which has secured a waiver from U.S. sanctions through

efforts to cut purchases, aims to import about 310,000 bpd oil from Iran in

this fiscal year, Junior Oil Minister R.P.N. Singh said in May. He had

estimated 2011/12 imports at about 349,000 bpd while the latest data, made

available to Reuters, suggests it would be a decline of about 14.5 percent.

Overall imports by Asia's third-largest oil importer rose 4.7 percent in

2011/12, with top oil exporter Saudi Arabia continuing as the largest

supplier.

For a graphic on Iran's oil industry, see: link.reuters.com/qef68s

Indian refiners stepped up imports mainly from Saudi Arabia and Iraq in

the last fiscal year to make up for lower shipments from Iran, with

supplies from the region constituting about 69 percent of overall imports

compared with 64.5 percent in 2010/11. Imports from the Middle East during
http://in.reuters.com/article/2012/08/06/india-crude-import-idINL4E8IU4HI20120806#commentshttp://in.reuters.com/article/2012/08/06/india-crude-import-idINL4E8IU4HI20120806#commentshttp://link.reuters.com/qef68shttp://link.reuters.com/qef68shttp://in.reuters.com/article/2012/08/06/india-crude-import-idINL4E8IU4HI20120806#comments


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the year rose 12.1 percent from a year ago while those from Latin America

increased by 3.7 percent. However, the weightage of Latin American oil in

India's crude diet declined marginally in 2011/12 from a year ago, the data

showed. The following is a table of India's crude imports from various

countries since the fiscal year starting April 1, 2001.

('000 barrels per day)

Region/ 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

Country -02 -03 -04 -05 -06 -07 -08 -09 -10 -11 -12

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MIDDLE EAST

Iran 170 149 173 193 229 295 390 438 426 372 363

Iraq 76 84 78 167 225 270 286 289 300 345 483

Kuwait 240 185 218 228 211 229 206 296 237 231 355

N Zone 48 53 65 3 45 33 52 5 61 46

0*

Oman 18 8 5 3 7 0 10 6 108 109 52

Qatar 11 4 14 24 9 35 50 59 109 113 130

S Arabia 268 378 472 481 508 495 541 521 546 549 651

UAE 153 181 169 129 161 176 218 278 233 295 316

Yemen 90 64 39 70 71 91 44 13 59 60 26

Syria 0 0 0 0 0 0 0 2 5 0 0

L ATAM


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Brazil 8 56 17 6 6 8 0 0 51 56 76

Colombia 0 0 0 0 0 0 0 0 17 25 18

Equador 0 0 0 3 6 0 5 0 26 8 6

Mexico 28 46 50 46 29 39 28 43 38 30 46

Panama 0 0 0 0 0 0 0 1 1 0 0

Venezuela 71 35 17 0 6 47 23 152 147 207 191

ASIA

Australia 0 0 0 0 0 0 3 2 7 34 13

Brunei 5 0 11 16 10 13 7 17 18 19 22

China 1 0 0 0 0 0 0 0 3 0 0

Indonesia 12 0 0 0 0 0 0 0 0 0 0

Malaysia 36 55 68 69 70 95 86 79 53 44 47

Thailand 0 0 0 5 3 0 0 0 0 0 0

Vietnam 2 2 0 0 0 0 0 0 0 0 0

AFRICA

Algeria 0 0 0 0 5 13 6 5 42 56 42

Angola 8 0 48 49 33 52 87 107 181 194 181

Cameroon 0 2 0 7 4 0 2 2 6 6 10

Chad 0 0 0 0 0 0 0 0 6 0 0

Congo 0 5 0 3 0 0 0 5 29 18 11

Egypt 80 62 72 43 39 39 38 45 61 37 57


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Eq. Guinea 0 3 8 33 11 8 35 6 25 30 18

Kenya 0 0 0 0 0 6 0 0 0 0 0

Gabon 0 9 13 6 8 3 0 8 3 8 3

Ivory Coast 0 0 0 0 0 3 3 3 3 0 3

Libya 22 22 34 29 18 3 41 18 19 22 3

Nigeria 235 235 222 303 272 262 199 215 270 318 283

Sudan 0 0 16 7 5 3 19 16 22 24 14

C .I.S.

Azerbaijan 0 0 0 0 4 14 42 32 45 15 21

Kazakhstan 0 5 0 0 0 0 0 0 3 0 0

Russia 0 6 3 3 0 8 7 5 32 14 0

EUROPE

Turkey 0 0 0 0 0 0 8 0 3 0 0

UK 0 0 0 0 0 0 0 0 2 0 0

Norway 0 0 0 0 0 0 0 0 0 3 13

Albania 0 0 0 0 0 0 0 0 0 0 0

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TOTAL 1581 1647 1811 1925 1996 2239 2437 2666 3198 3285 3439

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Source: Government data


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NOTE: The total may not tally as the numbers in tonnes have been rounded

off after converting them to barrels per day using a conversion factor of

7.33 barrels in a tonne divided by number of days in a financial year.

*Supplies from the Neutral Zone -- whose production belongs to Saudi

Arabia and Kuwaithas been added to the respective countries' totals in the

last fiscal year.

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