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FE:India's September crude import up by 11 percent
 
New Delhi: India's September crude oil imports rose 11 percent from a year ago to 14.42 million tonnes or 3.52 million barrels per day, preliminary government data showed on Thursday.
India imported 1.31 million tonnes of oil products in September, up 13.7 percent year-on-year, the data posted on the website of the government's Petroleum Planning and Analysis Cell showed.

India imports more than three-quarters of its crude oil requirements but is a net exporter of fuel products.

In September, exports of refined fuel products fell 2.5 percent from a year earlier to 5.20 million tonnes.

India's local oil product sales rose 2.8 percent in September from a year earlier, government data showed on Monday, as a recovery in monsoon rains and a price hike during the month curbed demand for diesel.

The data included estimated exports and imports by Reliance's 580,000 bpd refinery. But it did not contain numbers for the Bathinda refinery, jointly operated by state-run
Hindustan Petroleum and steel tycoon Lakshmi Mittal, owner of the world's largest steelmaker ArcelorMittal. Private companies provide data at their discretion.
Source