India's Reliance April oil imports down 12 pct on month - trade

viernes 13 de mayo de 2016 08:32 GYT
 

NEW DELHI, May 13 (Reuters) - Reliance Industries, owner of the world's biggest
refining complex, shipped in 12 percent less oil in April compared with the previous month ahead
of planned maintenance shutdown of some units at its 580,000-barrel-per-day (bpd) plant in
western India, according to data obtained from trade sources and ship-tracking services on the
Thomson Reuters terminal. 
    Reliance, which has a diversified crude slate and shifts purchases to maximise revenue,
bought about 1.19 million bpd last month, marginally higher than a year earlier.
    Reliance, which had received Iranian oil in March after a gap of six years, did not receive
shipments from Tehran in April.
    The share of Latin American and African oil in Reliance's overall imports declined in the
first four months of 2016, as the company has shifted sourcing from dated Brent-linked markets
to the Middle East.
    The share of Middle Eastern crude in Reliance's overall imports rose to about 57 percent in
January-April from about 47 percent a year ago, the data showed.
    During the same period, African grades accounted for about 6 percent of the crude purchased,
compared with about 10 percent a year earlier, while Latin American oil's share shrank to about
a third from 43 percent.
    Reliance's two advanced refineries in the state of Gujarat in western India can together
process 1.2 million bpd of oil, or about 26 percent of India's overall capacity.
    Following are the details of Reliance's crude and condensate imports, according to the data.
Volumes are in 1,000 bpd:
        
 Region/Count  April    March    %Chg      April      %Chg      Jan-April  Jan-April  %Chg
 ry            2016     2016     mth/mth   2015       yr/yr          2016       2015  yr/yr
 Latam                                                                                
 Brazil           34.9     23.2      50.3      115.1     -69.6       31.1       51.5    -39.6
 Colombia          0.0      0.0        --        0.0        --       17.3       35.5    -51.4
 Ecuador           0.0      0.0        --        0.0        --        0.0        9.2   -100.0
 Mexico            0.0     68.5    -100.0        0.0        --       52.2       65.4    -20.2
 Venezuela       279.0    467.0     -40.3      345.4     -19.2      360.2      344.9      4.5
 TOTAL           313.9    558.7     -43.8      460.5     -31.8      460.7      506.4     -9.0
 Asia                                                                                        
 Indonesia        22.4      0.0        --        0.0        --       11.1        0.0       --
 Australia        38.2      0.0        --        0.0        --        9.5        0.0       --
 TOTAL            60.6      0.0        --        0.0        --       20.6        0.0       --
 Meast                                                                                       
 Neutral zone      0.0      0.0        --        0.0        --        0.0       26.5   -100.0
 Oman             34.5      0.0        --        0.0        --        8.6        0.0       --
 Iran              0.0     89.3    -100.0        0.0        --       22.9        0.0       --
 Iraq            140.7    135.8       3.6      102.6      37.1      187.5       68.5    173.8
 Qatar            41.1    120.9     -66.0       50.7     -18.9       80.7       52.0     55.1
 Kuwait           17.1      0.0        --        0.0        --       12.9        0.0       --
 S Arabia        321.9    346.4      -7.1      353.8      -9.0      360.7      273.6     31.8
 U.A.E.          142.4     59.9     137.8       70.5     101.9       83.9      134.1    -37.5
 Dubai             0.0      0.0        --        0.0        --        4.1        0.0       --
 TOTAL           697.6    752.3      -7.3      577.7      20.8      761.2      554.7     37.2
 CIS                                                                                         
 Azerbaijan       32.8      0.0        --        0.0        --        8.1        0.0       --
 Kazakhstan       22.1      0.0        --       32.3     -31.5        5.5        8.1    -32.0
 TOTAL            55.0      0.0        --       32.3      70.3       13.6        8.1     68.9
 Africa                                                                                      
 Nigeria           0.0      0.0        --        0.0        --       23.7       22.3      6.5
 Angola            0.0      0.0        --        0.0        --        0.0        8.1   -100.0
 Cameroon          0.0      0.0        --       22.7    -100.0       11.5       19.2    -40.2
 Chad              0.0      0.0        --        0.0        --        0.0        8.2   -100.0
 Egypt            36.6     36.2       1.2       74.3     -50.7       27.3       41.9    -34.8
 Gabon             0.0      0.0        --        0.0        --        0.0        2.7   -100.0
 Sudan             0.0      0.0        --        0.0        --        5.2        5.5     -5.2
 Eq. Guinea       21.4      0.0        --        9.5     126.3        5.3        9.8    -45.9
 Algeria           0.0      0.0        --        0.0        --        5.6        0.0       --
 TOTAL            58.1     36.2      60.4      106.4     -45.4       78.6      117.6    -33.1
 TOTAL ALL      1185.2   1347.3     -12.0     1176.8       0.7     1334.7     1186.8     12.5
 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 of 7.2 barrels per tonne, divided by the number
of days. Numbers for previous months have been revised.      
    

 (Reporting by Nidhi Verma; Editing by Subhranshu Sahu)