Essar imports 18 percent less oil from Iran in 2017/18

Essar imports 18 percent less oil from Iran in 2017/18

Essar Oil, a key Indian client for Tehran, imported nearly 18 percent less oil from Iran at about 143,000 barrels per day in the fiscal year ended March compared with a year ago, according to data from the shipping industry and sources.

Essar shipped in about 132,500 barrels per day (bpd) of oil from Iran in March, a decline of about 41 percent from February, the data showed. Imports from Iran in March were about 46 percent higher than a year ago, the data showed.

The sources declined to be identified as they were not authorised to speak with media.

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Following are details of Essar`s crude and condensate imports. Volumes are in 1,000 bpd.

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)