TABLE-India's Nayara Energy Russian oil imports down 6% m/m in May - trade

- Indian refiner Nayara Energy, part-owned by Russian oil major Rosneft ROSN.MM, cut its Russian oil imports in May by nearly 6% from April to about 289,000 barrels per day (bpd), tanker data from trade and industry sources showed.

Nayara also cut its overall monthly imports by 3.1% to about 405,000 bpd in May, the data showed.

The sources declined to be identified because they are not authorised to speak to the media.


Following are details of Nayara's crude and condensate imports. Volumes are in 1,000 bpd:

Country/Region

May 2024

April 2024

%chg mth/mth

May 2023

%chg yr/yr

Jan-May 2024

Jan-May 2023

%Chg yr/yr

Latin America









Brazil

0.0

0.0

--

21.5

--

0.0

8.8

-100.0

Colombia

0.0

0.0

--

0.0

--

0.0

21.2

-100.0

Ecuador

0.0

0.0

--

0.0

-100.0

0.0

27.2

-100.0

TOTAL

0.0

0.0

--

21.5

-100.0

0.0

57.2

-100.0










Middle East









Iraq

100.5

100.7

-13.8

100.7

-0.4

106.1

102.3

3.8

Kuwait

0.0

19.2

--

0.0

--

3.8

4.6

-17.4

S Arabia

15.7

15.8

4.3

35.2

-3.2

15.8

30.2

-47.6

TOTAL

116.2

135.7

2.9

135.8

15.6

125.7

137.1

-8.3










C.I.S.









Russia

289.2

273.4

-5.9

185.7

12.5

285.4

193.6

47.4

TOTAL

289.2

273.4

-5.9

185.7

12.5

285.4

193.6

47.4










Africa









Egypt

0.0

0.0

--

15.6

-100.0

0.0

6.4

-100.0

Eq Guinea

0.0

0.0

--

0.0

--

0.0

3.2

-100.0

TOTAL

0.0

0.0

--

15.6

-100.0

0.0

9.6

-100.0










TOTAL ALL

405.4

409.1

-3.1

358.7

-9.2

411.1

397.5

3.4

The total may not tally as numbers in metric tonnes have been rounded off after converting them into barrels per day using a conversion factor of 7.2 barrels in a ton divided by the number of days.

Numbers for previous months have been revised.

Data also includes some crude parcels that arrived in April but discharged in May. It also includes some parcels that arrived in May and were discharged in June.


(Reporting by Nidhi Verma; Editing by Susan Fenton)

((nidhi.verma@thomsonreuters.com; +91 11 49548031; Reuters Messaging: nidhi.verma.thomsonreuters.com@reuters.net))

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