TABLE-India Essar cuts Feb Iran oil imports by 13.8 pct vs Jan - trade

viernes 14 de marzo de 2014 06:07 GYT
 

NEW DELHI, March 14 (Reuters) - Essar Oil, a key Indian buyer of Iranian crude,
imported about 13.8 percent less oil from the OPEC member in February compared with the previous
month, tanker arrival data made available to Reuters shows.
    Essar's overall shipments from Tehran in the first 11 months of the contract year beginning
April 1, 2013 totalled 94,100 barrels per day (bpd), marginally lower than the year earlier, the
data also showed.
    India, Iran's top client after China, imported about 36 percent less oil from Tehran in
February than in January because of efforts to meet U.S. requests to restrict purchases from
Tehran to 195,000 barrels per day (bpd) in the six months to July 20. 
    Billionaire Ruias-promoted Essar Group, which also operates steel plants in Canada and the
United States, could lift 30 percent more Iranian oil than the contracted volumes of 80,000 bpd
for this fiscal year, government sources said earlier this week.
    Essar imported 122,300 barrels per day (bpd) oil from Iran in February, almost double the
volume it took a year earlier, the data showed.
    Essar's total crude imports in February rose 26 percent from a year earlier to 377,200 bpd,
the data showed.
    No comment was available from Essar.
Following are details of Essar's crude and condensate imports in December and since the
beginning of this year. Volumes are in 1,000 bpd:

-----------------------------------------------------------------------------------------------
 Region/         Feb     Jan      %chg        Feb       %chg       Jan-Feb    Jan-Feb    %chg
 Country        2014    2014     mth/mth     2013       yr/yr        2014       2013    yr/yr
 ----------------------------------------------------------------------------------------------
 Latam
 Brazil        20.1     32.8      -38.8      15.7        27.5        26.7       35.9     -25.4
 Colombia     132.8     17.0      679.2      52.6       152.3        72.0       25.0     188.2
 Ecuador        0.0     34.6     -100.0       0.0          --        18.2       13.5      34.3
 Mexico         0.0     67.9     -100.0       0.0          --        35.7       36.0      -1.0
 Venezuela     70.2     60.9       15.3      76.1        -7.8        65.3       72.4      -9.8
 TOTAL        223.0    213.1        4.6     144.5        54.4       217.8      182.7      19.2
 
 Middle East
 Neutral Zone   0.0      0.0         --      21.6      -100.0         0.0       10.3    -100.0
 Iran         122.3    141.9      -13.8      61.2        99.7       132.6       86.0      54.2
 Iraq           0.0      0.0         --       0.0          --         0.0       35.2    -100.0
 Qatar         31.9     14.4      121.1      31.0         2.9        22.7       29.0     -21.9
 S. Arabia      0.0      0.0         --      40.7      -100.0         0.0       19.3    -100.0
 TOTAL        154.2    156.3       -1.4     154.6        -0.3       155.3      179.8     -13.6
 
 Africa
 Egypt          0.0     17.5     -100.0       0.0          --         9.2        0.0        --
 Libya          0.0     13.8     -100.0       0.0          --         7.3        0.0        --
 TOTAL          0.0     31.3     -100.0       0.0          --        16.5        0.0        --
 
 Canada         0.0      0.0         --       0.0          --         0.0        5.4    -100.0
 ---------------------------------------------------------------------------------------------
 TOTAL ALL    377.2    400.8       -5.9     299.0        26.1       389.6      367.9       5.9
 ---------------------------------------------------------------------------------------------
 NOTE: The total may not tally as numbers in tonnes have been rounded off after converting them
into barrels per day using a conversion factor 7.2 barrels in a tonne divided by the number of
days.

 (Reporting by Nidhi Verma; Editing by Anand Basu)