July 11, 2018 / 10:21 AM / 3 months ago

TABLE-India Reliance's June Iran oil imports fell 61 pct from May - trade

    NEW DELHI, July 11 (Reuters) - India's Reliance Industries, owner of the world's
biggest refining complex, has cut its oil imports from Iran by about 61 percent in June from May
as the threat of U.S. sanctions looms, according to data from shipping and industry sources.
    The sources declined to be identified as they were not authorised to speak with the media.
    Reliance's overall imports rose 9.7 percent in June from May to 1.39 million bpd, the data
showed. However, June volumes were down 3.5 percent from a year ago.
    Lower imports by private refiners including Reliance had dragged down India's June oil
purchases from Tehran by 16 percent.
    Reuters last month reported that Reliance plans to halt its oil imports from Iran.

   Following are details of Reliance's crude and condensate imports. Volumes are in 1,000 bpd:
 
 Country/Reg      June      May    Pct Chg     June   Pct Chg   Jan-June  Jan-June  Pct Chg
 ion              2018     2018   mth/mth      2017     yr/yr       2018     2017     yr/yr
 Latam                                                                                     
 Brazil           62.9     33.0       90.5    134.6     -53.2       32.7      95.8    -65.9
 Ecuador           0.0      0.0       --        0.0       --         0.0      16.2   -100.0
 Mexico          139.8     68.1      105.3     71.1      96.5       90.4      57.5     57.0
 Venezuela       280.2    270.6        3.5    345.0     -18.8      267.9     318.3    -15.8
 TOTAL           482.9    371.7       29.9    550.8     -12.3      390.9     487.8    -19.9
                                                                                       
 Asia                                                                                  
 Australia         0.0      0.0       --        0.0       --         7.8       0.0      --
 TOTAL             0.0      0.0       --        0.0       --         7.8       0.0      --
                                                                                       
 Middle East                                                                           
 Oman              0.0     31.9     -100.0     16.6    -100.0       34.6       2.7   1159.1
 Iran             33.6     85.9      -60.9     30.0      12.0       84.2      65.5     28.6
 Iraq            273.4    260.4        5.0    209.2      30.7      228.6     211.2      8.2
 Qatar            33.3     15.8      110.9     91.9     -63.8       36.1      58.6    -38.4
 Kuwait            0.0      0.0       --        0.0       --         5.5       0.0      --
 S. Arabia       158.9    239.5      -33.7    186.4     -14.8      233.6     279.9    -16.5
 U.A.E.           49.0    163.6      -70.1     78.3     -37.5       81.9      70.6     16.0
 Dubai             0.0      0.0       --        0.0       --         2.7       8.1    -66.6
 Yemen             0.0      0.0       --        0.0       --        11.3       0.0      --
 TOTAL           548.1    797.2      -31.2    612.3     -10.5      718.5     696.6      3.1
                                                                                       
 Europe                                                                                
 North sea         0.0      0.0       --        0.0       --         3.0       0.0      --
 TOTAL             0.0      0.0       --        0.0       --         3.0       0.0      --
                                                                                       
 C.I.S.                                                                                
 Kazakhstan       32.6      0.0       --       64.9     -49.8       16.0      37.9    -57.7
 Russia           67.1      0.0       --        0.0       --        11.1      35.6    -68.8
 TOTAL            99.7      0.0       --       64.9      53.7       27.1      73.5    -63.1
                                                                                       
 Africa                                                                                
 Nigeria          93.7      0.0       --        0.0       --        59.3      35.9     64.9
 Angola            0.0     30.4     -100.0    132.3    -100.0       15.9      21.9    -27.6
 Congo             0.0      0.0       --        0.0       --         3.0       0.0      --
 Chad              0.0     29.7     -100.0     18.9    -100.0       15.6       8.6     82.1
 Egypt            18.3     17.9        2.5     18.5      -0.7       23.7      27.3    -13.3
 Ghana             0.0      0.0       --        0.0       --         5.5       0.0      --
 Gabon            31.2      0.0       --        0.0       --        16.0       0.0      --
 Sudan            20.0     20.2       -1.0     42.5     -52.9       17.7      23.3    -24.2
 Eq. Guinea        0.0      0.0       --        0.0       --        10.9       0.0      --
 Libya            32.0      0.0       --        0.0       --        10.9       0.0      --
 TOTAL           195.3     98.3       98.8    212.2      -8.0      178.4     117.1     52.4
                                                                                       
 Canada            0.0      0.0       --        0.0       --         0.0       5.6   -100.0
 USA              64.3      0.0       --        0.0       --        10.7       0.0      --
 TOTAL ALL      1390.3   1267.1        9.7   1440.2      -3.5     1336.5    1380.6     -3.2
 
  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.
    Data also includes some crude parcels that arrived in May but discharged in June. It also
includes some parcels that arrived in June and were discharged in July.

 (Reporting by Nidhi Verma; Editing by Christian Schmollinger)
  
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