54284
Essar's Iran Oil Imports Rise
Essar's Iran Oil Imports Rise

Essar's Iran Oil Imports Rise

Essar's Iran Oil Imports Rise

Essar Oil, the top Indian buyer of Iranian crude, imported about 86% more Iranian oil in October compared to a year ago, according to tanker arrival data obtained from trade sources and ship-tracking services on the Thomson Reuters terminal. Essar shipped in about 250,000 barrels per day of oil from Iran last month from about 132,000 bpd a year ago, the data showed. The company's crude purchases from Latin America in October rose 3.6% from a year ago, the data showed. A group led by Russian oil giant Rosneft earlier this month agreed to acquire a 98% stake in Essar Oil and associated port and power plant for about $13 billion, including debt. Rosneft may supply Venezuelan oil to Essar's Vadinar refinery after a deal to buy a stake in the Indian company is finalized, the Indian company's managing director, L. K. Gupta, said in August.

 

Short URL : https://goo.gl/m59S3b
  1. https://goo.gl/nL8b1d
  • https://goo.gl/Ki20J9
  • https://goo.gl/DO4V7z
  • https://goo.gl/he7KYW
  • https://goo.gl/ql7pyH

You can also read ...

Thermal Power Plants Capacity at 62,000 MW
Thermal power plants running on fossil fuels to generate power...
Nigeria will be able to participate in cuts when its output stabilizes at 1.8m bpd.
OPEC’s commitment to cutting production to clear a global glut...
Dana Energy Co. Signs Deal to Study Two Oilfields
Tehran-based Dana Energy Company has signed a memorandum of...
National Tanker Company Receives 2 Int'l Certificates
The National Iranian Tanker Company has been accredited with a...
Total Sets Oil Growth Target
French oil and gas major Total extended its oil production...
Oil Hits Eight-Month High
Oil prices rose on Monday to their highest in eight months...

Add new comment

Read our comment policy before posting your viewpoints

Image CAPTCHA
Enter the characters shown in the image.

Trending

Googleplus