Wait...
Search Global Export Import Trade Data
Recent Searches: No Recent Searches

India's Iran oil imports rise to five-year high in July -tanker data.


Date: 16-08-2016
Subject: India's Iran oil imports rise to five-year high in July -tanker data
NEW DELHI: India's July oil imports from Iran rose to their highest in at least five year, climbing to over 500,000 barrels per day (bpd) for the second time in five months, revised tanker arrival data obtained from trade sources show.

India, Iran's top oil client after China, shipped in about 523,000 bpd oil in July, an increase of 37 percent from June and more than double from a year ago, the data showed.

Iran used to be India's second-biggest oil supplier after Saudi Arabia until 2011, when New Delhi had to cut purchases from Tehran because of western sanctions.

India's oil imports from Iran have been consistently rising since the lifting of sanctions earlier this year.

In the first four months of this fiscal year, India's imports from Iran have climbed 48 percent more than a year ago to about 420,000 bpd, the data showed.

Last month two state refiners Hindustan Petroleum and Bharat Petroleum lifted oil from Tehran after a gap of years.

In July, Saudi continued to be the top oil supplier to India followed by Iraq, the data shows. Venezuela remained the third-biggest oil supplier.

The following table shows India's imports by country according to tanker arrival information. The imports include condensate. Volumes are in '000 bpd.

Source : economictimes.indiatimes.com

Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Both
 Buyers
 Suppliers
 Both
OR
 Exim Help
+




Exim Guru Copyright © 1999-2021 Exim Guru. All Rights Reserved.
The information presented on the site is believed to be accurate. However, InfodriveIndia takes no legal responsibilities for the validity of the information.
Please read our Terms of Use and Privacy Policy before you use this Export Import Data Directory.

EximGuru.com

C/o InfodriveIndia Pvt Ltd
F-19, Pocket F, Okhla Phase-I
Okhla Industrial Area
New Delhi - 110020, India
Phone : 011 - 40703001