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Essar imports 18% less oil in 2017/18

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.

April 20, 2018 / 19:40 IST
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    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.

    Reuters
    first published: Apr 20, 2018 07:28 pm

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