India Reliance's June Russian oil imports down 16.7% m/m- trade
NEW DELHI, July 24 (Reuters) -India's Reliance Industries RELI.NS, operator of the world's biggest refining complex, shipped in about 400,000 barrels per day (bpd) of Russian oil in June, a decline of about 16.7% from the previous month, data obtained from trade sources showed.
Overall monthly crude imports by the private refiner in June declined by about 28% to 1.01 million bpd, the data showed.
Following are details of Reliance's crude and condensate import volumes in 1,000 bpd.
Country/Region | June 2024 | May 2024 | %Chg mth/mth | June 2023 | %chg yr/yr | Jan-June 2024 | Jan-June 2023 | %Chg yr/yr |
Latin America | ||||||||
Brazil | 23.1 | 45.1 | -48.8 | 0.0 | -- | 43.9 | 32.9 | 33.5 |
Colombia | 70.5 | 54.3 | 29.8 | 0.0 | -- | 76.6 | 46.7 | 64.1 |
Ecuador | 0.0 | 0.0 | -- | 95.8 | -100.0 | 0.0 | 15.9 | -100.0 |
Mexico | 0.0 | 30.3 | -100.0 | 68.0 | -100.0 | 16.9 | 39.2 | -57.0 |
Venezuela | 72.1 | 128.9 | -44.1 | 0.0 | -- | 102.7 | 0.0 | -- |
Guatemala | 0.0 | 0.0 | -- | 0.0 | -- | 0.0 | 0.0 | -- |
TOTAL | 165.7 | 258.6 | -35.9 | 163.8 | 1.2 | 240.1 | 134.6 | 78.3 |
Middle East | ||||||||
Neutral zone | 0.0 | 54.3 | -100.0 | 16.3 | -100.0 | 17.5 | 25.8 | -32.3 |
Oman | 0.0 | 0.0 | -- | 0.0 | -- | 0.0 | 13.6 | -100.0 |
Iran | 0.0 | 0.0 | -- | 0.0 | -- | 0.0 | 0.0 | -- |
Iraq | 134.0 | 197.1 | -32.0 | 173.9 | -22.9 | 204.4 | 201.2 | 1.6 |
Qatar | 30.0 | 14.5 | 107.1 | 44.6 | -32.7 | 26.0 | 17.3 | 50.4 |
Kuwait | 0.0 | 0.0 | -- | 0.0 | -- | 3.2 | 27.0 | -88.1 |
S. Arabia | 91.3 | 151.9 | -39.9 | 153.8 | -40.6 | 186.3 | 189.4 | -1.7 |
U.A.E. | 31.4 | 151.8 | -79.3 | 15.7 | 99.4 | 92.2 | 2.6 | 3433.5 |
TOTAL | 286.7 | 569.6 | -49.7 | 404.3 | -29.1 | 529.6 | 476.9 | 11.0 |
CIS | ||||||||
Kazakhstan | 63.2 | 60.5 | 4.6 | 62.2 | 1.7 | 61.0 | 78.5 | -22.4 |
Russia | 398.3 | 478.3 | -16.7 | 400.5 | -0.5 | 352.6 | 439.1 | -19.7 |
TOTAL | 461.5 | 538.7 | -14.3 | 462.6 | -0.2 | 413.6 | 517.6 | -20.1 |
Africa | ||||||||
Egypt | 0.0 | 0.0 | -- | 0.0 | -- | 2.7 | 10.7 | -75.1 |
TOTAL | 0.0 | 0.0 | -- | 0.0 | -- | 2.7 | 10.7 | -75.1 |
Canada | 69.8 | 33.7 | 107.2 | 0.0 | -- | 54.7 | 102.5 | -46.7 |
USA | 29.3 | 0.0 | -- | 0.0 | -- | 15.0 | 0.0 | -- |
TOTAL ALL | 1013.0 | 1400.6 | -27.7 | 1030.8 | -1.7 | 1255.5 | 1242.4 | 1.1 |
NOTE: The total may not tally as numbers in tonnes have been rounded after converting them into barrels per day using a conversion factor of 7.2 barrels per tonne, to reflect the higher density crude the company buys, divided by the number of days.
Numbers for previous months have been revised.
Data also includes some crude parcels that arrived in June, but discharged in July. It also includes some parcels that arrived in May and were discharged in June.
Reporting by Nidhi Verma; Editing by Shailesh Kuber
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