21885
Essar's June Iran Oil Imports Highest in 15 Months
Energy

Essar's June Iran Oil Imports Highest in 15 Months

Essar Oil's crude imports from Iran jumped to its highest level in 15 months in June when the private refiner shipped in about 73% more oil from Tehran compared to the previous month.
The company shipped in about 216,000 barrels per day of oil from Iran in June, compared to 52,200 bpd a year ago, according to tanker arrival data obtained from sources and assessed by Thomson Reuters Oil Analytics.
Supplies from Iran accounted for about 58.7% of Essar's overall shipments during the last month.
Essar imported about 99,200 bpd from Iran in January-June 2015, a decline of about 21.5%  from a year earlier, the data showed, as average for the first half was dragged down by Indian refiners skipping purchases in March to meet the last fiscal year's target of 220,000 bpd.
India, the world's fourth biggest oil consumer and Iran's top client after China, received 283,900 bpd of oil from the OPEC member in June, a decline of about 23% from May but up about 70% from the same month last year.
India had steadily cut imports from Iran, as sanctions from the US and other western countries blocked payments and crippled shipping routes. Imports have come down from 21.20 million tons in 2009-10 to nearly 13 million tons in 2013-14.
Presently, only Indian Oil, Essar Oil and Mangalore Refinery & Petrochemicals are regular purchasers of Iranian oil.

 

Short URL : http://goo.gl/R2KjX1

You can also read ...

Large Oil Vessel Anchors in Chabahar
A large crude carrier with a capacity of 50 million liters of...
China Shifts to Iranian Tankers to Keep Oil Flowing
Chinese buyers of Iranian oil are starting to shift their...
Replacement of France's Total Underway
Oil Minister Bijan Namdar Zanganeh said on Monday France’s...
Greek Island to Run on Wind and Solar Power
When the blades of its 800-kilowatt wind turbine start turning...
Vopak: More Volatility Expected in Oil Prices
A shipping revolution and a US plan to impose targeted crude...
Advantages, Challenges of Renewables Outlined
Saving water, creating sustainable jobs, curbing air pollution...
Plans to Expand Gas Pipelines by 1,000 Km 
Iranian Gas Engineering and Development Company plans to lay...
SP Oil Layer Loads 19th Cargo
The 19th batch of crude oil from South Pars Oil Layer in the...

Trending

Googleplus