TABLE-India’s Nayara Energy oil imports down 10.6% y/y in March – trade sources

PUBLISHED: Mon, 03 May 2021 10:39:53 GMT
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NEW DELHI, May 3 (Reuters) – India’s Nayara Energy, which is partly owned by Russian oil major Rosneft, imported 10.6% less oil in March than in the same month of the previous year, according to shipping industry data and sources. The company imported 376,200 barrels per day (bpd) of oil in March, up 54.3% from the previous month, the data showed. Nayara operates the 400,000 bpd Vadinar oil refinery in western Gujarat state. The sources declined to be identified as they were not authorized to speak with media. Following are details of Nayara’s crude and condensate imports. Volumes are in 1,000 bpd. Country/Regio March Feb %Chg March %Chg Jan-March Jan-March %Chg n 2021 2021 mth/mth 2020 yr/yr 2021 2020 yr/yr Latin America Brazil 33.3 0.0 — 0.0 — 11.5 0.0 — Colombia 67.9 74.1 -8.3 0.0 — 58.7 0.0 — Ecuador 0.0 0.0 — 48.8 -100.0 0.0 16.6 -100.0 Venezuela 0.0 0.0 — 136.6 -100.0 0.0 128.1 -100.0 TOTAL 101.3 74.1 36.7 185.3 -45.4 70.2 144.7 -51.5 Middle East Neutral zone 27.0 0.0 — 0.0 — 9.3 0.0 — Oman 15.7 0.0 — 32.2 -51.0 27.2 11.0 148.2 Iraq 70.0 74.8 -6.4 102.4 -31.6 70.7 102.9 -31.3 S. Arabia 31.2 28.2 10.5 0.0 — 30.1 1.1 2588.6 U.A.E. 87.3 66.6 31.1 0.0 — 83.2 17.1 386.0 TOTAL 231.3 169.6 36.3 134.5 71.9 220.4 132.1 66.9 C.I.S. Kazakhstan 0.0 0.0 — 63.9 -100.0 0.0 53.8 -100.0 Russia 28.0 0.0 — 0.0 — 20.8 10.9 90.5 TOTAL 28.0 0.0 — 63.9 -56.2 20.8 64.7 -67.8 0.0 0.0 — 0.0 — 0.0 0.0 — Africa 0.0 0.0 — 0.0 — 0.0 0.0 — Egypt 15.6 0.0 — 18.8 -16.9 16.1 27.5 -41.6 TOTAL 15.6 0.0 — 18.8 -16.9 16.1 27.5 -41.6 Canada 0.0 0.0 — 18.1 -100.0 12.3 6.2 98.6 TOTAL ALL 376.2 243.7 54.3 420.8 -10.6 339.8 375.2 -9.4 The total may not tally as numbers in tonnes have been rounded after converting them into barrels per day, using a conversion factor of 7.2 barrels per tonne divided by the number of days. Numbers for previous months have been revised. Data also includes some crude parcels that arrived in February but discharged in March. It also includes some parcels that arrived in March and were discharged in April. (Reporting by Nidhi Verma; Editing by Jan Harvey)

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