QR codeQR code

India Essar's April, May Iran oil imports rises by 18 percent

28 Jun 2014 - 23:47


TEHRAN (ISNA)- Indian Essar Refinery's oil imports from Iran in April and May jumped by 18 percent comparing to similar period last year.
Essar Oil, a key Indian buyer of Iranian crude, shipped in 6.6 percent less oil from the Organization of Petroleum Exporting Countries (OPEC) member in May compared with the previous month, tanker arrival data made available to Reuters showed.

The private refiner imported 100,400 barrels per day (bpd) from Iran in May, about 16 percent lower than a year ago, the data showed.

Essar's overall shipments from Iran in April-May, the first two months of the current contract year and the financial year, totaled 103,900 bpd, about 18 percent higher than a year earlier, the data showed.

In 2013/14 Essar shipped in 105,700 bpd, about 18.6 percent higher than a year earlier.

Essar's total crude imports in May rose 14.7 percent from a year earlier to 404,100 bpd, the data showed.

No comment was available from Essar.

By ISNA

 

The Iran Project is not responsible for the content of quoted articles.


Story Code: 103686

News Link :
https://www.theiranproject.com/en/news/103686/india-essar-s-april-may-iran-oil-imports-rises-by-18-percent

The Iran Project
  https://www.theiranproject.com