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2017-04-10 18:50:00

IRANIAN OIL TO INDIA: 540 TBD

ИРАНСКАЯ НЕФТЬ В ИНДИЮ: 540 TBD

IRNAIran's crude oil export to India for the fiscal year 2016-2017 increased to 540,000 barrels per day showing a three-fold rise in comparison with the preceding year.

According to information presented by the shipping companies and published by India's media on Saturday, India's oil import from Iran on February increased by 17 percent as compared to January, 2017.

By this amount, Iran could re-take its position from Iraq as the second oil erxport to India as it was before the sanctions were imposed against Iran.

India's oil import from Iran in February was totally 647,000 bpd, which was almost 3 times as compared to February 2016.

According to the published reports, India's oil import from Iran in March increased by 4.7 percent as compared to the same period of the preceding year.

Decision made by a number of OPEC member-states to reduce oil production output; India's oil import from Iran increased 92 percent in the first three months of the year to 573,400 bpd.

China and India are the largest Iran's oil purchasers in the world.

Iran is exporting 2.8 million barrels a day of oil and gas condensates now, which was one million during the sanctions era.

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Earlier:

IRAN: 

IRANIAN - INDIAN TIES 

IRANIAN PRODUCTION CONSTRAINTS 

IRAN, RUSSIA STRATEGIC PARTNERSHIP 

GAZPROM - NIOC COOPERATION 

IRAN STARTS GAS

 

INDIA: 

HEAVY INDIA'S ENERGY 

INDIA & MYANMAR OIL 

INDIAN OIL UP 66% 

INDIAN ONGC UP 197% 

INDIA'S OIL CONSOLIDATION

 

 

 

Tags: IRAN, INDIA, OIL, ИРАН, ИНДИЯ, НЕФТЬ

Chronicle:

ИРАНСКАЯ НЕФТЬ В ИНДИЮ: 540 TBD
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DEWA INVESTS $22 BLN

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TRANSCANADA NET INCOME $3.0 BLN

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RUSSIAN NUCLEAR FOR CONGO

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2018, February, 16, 23:00:00

U.S. INDUSTRIAL PRODUCTION DOWN 0.1%

FRB - Industrial production edged down 0.1 percent in January following four consecutive monthly increases. Manufacturing production was unchanged in January. Mining output fell 1.0 percent, with all of its major component industries recording declines, while the index for utilities moved up 0.6 percent. At 107.2 percent of its 2012 average, total industrial production was 3.7 percent higher in January than it was a year earlier. Capacity utilization for the industrial sector fell 0.2 percentage point in January to 77.5 percent, a rate that is 2.3 percentage points below its long-run (1972–2017) average.

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