The share of Canadian oil in India’s overall imports in July rose to a record 6.3%, partly replacing some Latin American oil, data from industry sources showed on Tuesday.
India shipped in about 3.4 million barrels per day of oil in July, the lowest in a year, the data showed.
Last month, Iraq stayed as the top oil supplier to India, followed by Saudi Arabia. Nigeria swapped its ranking with the United Arab Emirates to emerge as the third-biggest oil supplier to India. Canada was at the fifth position, while the United States tumbled by two notches to the seventh rank after Kuwait.
The following table shows India’s imports by country. The imports include condensate. Volumes are in ‘000 bpd.
Region/Country July June %Chg July %Chg Jan-July Jan-July % Chg 2021 2021 mth/mth 2020 yr/yr 2021 2020 yr/yr Latin America Brazil 0.0 138.3 -100.0 0.0 -- 82.2 59.8 37.4 Colombia 104.3 70.7 47.5 136.4 -23.5 70.7 39.9 77.4 Ecuador 0.0 34.5 -100.0 0.0 -- 10.1 18.5 -45.5 Mexico 34.7 104.2 -66.7 54.0 -35.7 138.1 183.4 -24.7 Venezuela 0.0 0.0 -- 0.0 -- 0.0 220.4 -100.0 Guyana 0.0 0.0 -- 0.0 -- 4.7 0.0 -- TOTAL 139.0 347.7 -60.0 190.4 -27.0 305.9 522.1 -41.4 Asia Brunei 21.7 0.0 -- 18.0 20.6 20.8 18.6 11.9 Malaysia 21.4 45.0 -52.4 57.4 -62.7 34.7 46.0 -24.6 Indonesia 18.5 19.1 -3.3 0.0 -- 17.7 0.0 -- Australia 0.0 0.0 -- 0.0 -- 2.7 0.0 -- TOTAL 61.6 64.1 -3.8 75.5 -18.3 75.8 64.5 17.5 Middle East Neutral Zone 19.6 42.7 -54.1 0.0 -- 48.2 5.1 846.8 Oman 78.2 119.4 -34.4 65.7 19.1 109.9 26.1 320.5 Iraq 938.5 955.8 -1.8 791.2 18.6 1035.4 965.7 7.2 Qatar 32.1 33.3 -3.6 132.5 -75.8 28.0 84.8 -67.0 Kuwait 174.7 121.9 43.3 164.7 6.1 214.4 182.1 17.8 S. Arabia 656.7 517.8 26.8 584.8 12.3 596.2 738.6 -19.3 U.A.E. 306.5 498.8 -38.6 400.3 -23.4 430.4 461.1 -6.7 Dubai 0.0 16.6 -100.0 16.1 -100.0 7.0 4.7 50.6 Yemen 0.0 0.0 -- 0.0 -- 0.0 0.0 -- Syria 0.0 0.0 -- 0.0 -- 0.0 0.0 -- TOTAL 2206.4 2306.2 -4.3 2155.3 2.4 2469.6 2468.3 0.1 Europe Albania 0.0 0.0 -- 0.0 -- 0.0 0.0 -- North sea 0.0 104.5 -100.0 0.0 -- 53.1 0.0 -- Norway 0.0 0.0 -- 0.0 -- 0.0 0.0 -- TOTAL 0.0 104.5 -100.0 0.0 -- 53.1 0.0 -- C.I.S. Azerbaijan 0.0 0.0 -- 53.0 -100.0 18.9 39.7 -52.4 Kazakhstan 62.5 96.9 -35.6 153.2 -59.2 86.1 126.1 -31.7 Russia 0.0 34.1 -100.0 0.0 -- 36.3 44.8 -19.0 TOTAL 62.5 131.1 -52.3 206.2 -69.7 141.4 210.7 -32.9 Africa Nigeria 363.7 275.6 32.0 61.1 495.1 355.2 262.6 35.3 Angola 64.4 117.7 -45.3 28.9 122.5 90.4 74.6 21.3 Ivory coast 0.0 0.0 -- 0.0 -- 4.9 0.0 -- Cameroon 0.0 34.1 -100.0 0.0 -- 13.8 4.4 214.3 Congo 30.7 0.0 -- 0.0 -- 8.8 17.6 -50.1 Chad 0.0 0.0 -- 0.0 -- 0.0 9.1 -100.0 Egypt 19.1 89.3 -78.6 62.7 -69.5 50.0 57.2 -12.6 Gabon 91.0 0.0 -- 0.0 -- 31.2 4.4 602.5 Ghana 0.0 0.0 -- 0.0 -- 8.9 0.0 -- Sudan 0.0 0.0 -- 0.0 -- 10.6 0.0 -- Eq Guinea 0.0 21.9 -100.0 0.0 -- 16.9 13.9 21.2 Algeria 0.0 0.0 -- 0.0 -- 9.1 25.6 -64.4 Libya 0.0 34.0 -100.0 0.0 -- 14.3 0.0 -- TOTAL 568.9 572.7 -0.7 152.7 272.5 614.2 469.6 30.8 CANADA 213.1 146.7 45.3 0.0 -- 133.9 30.7 336.2 USA 159.6 224.9 -29.0 244.2 -34.6 324.4 225.6 43.8 TOTAL ALL 3411.1 3897.9 -12.5 3024.3 12.8 4116.0 3991.3 3.2
Source: Reuters (Reporting by Nidhi Verma; Editing by Ramakrishnan M.)