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INDIA'S CRUDE OIL IMPORTS JUMP 5.3% TO 51.9 MT IN APR-OCT.

AsiaPulse News

| December 01, 2003 | COPYRIGHT 2003 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

NEW DELHI, Dec 1 Asia Pulse - India's crude oil imports have jumped 5.3 per cent to 51.928 million tonnes in the first 7 months of the current fiscal as against 49.289 million tonnes in the same period last fiscal.

Crude imports by public sector oil firms went up by 5.1 per cent to 33.674 million tonnes as opposed to 32.016 million tonnes in April-October 2002-03, India's Petroleum Secretary B K Chaturvedi said here.

Reliance imported 18.254 million tonnes of crude this fiscal as compared to 17.273 million tonnes the preivous year while the country's largest refiner Indian Oil Corp imported 18.274 million tonnes as against 18 million tonnes last year.

"The rise in crude oil imports is mainly due to Mangalore Refinery and Petrochemical Ltd (MRPL) operating at its full capacity," he said.

Besides, the country ...

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