Indian refiner Nayara's Sept oil imports halve from Aug
10/27/2020 9:18:21 AM
India's Nayara Energy Ltd, part-owned by Russian oil major Rosneft, halved its oil imports in September from the previous month, according to data from the shipping industry and sources, ahead of a major maintenance shutdown at its 400,000 bpd Vadinar refinery in western Gujarat state from early October.
During September the refiner received 187,100 bpd oil, a decline of about 20% from a year earlier, the data showed. Nayara's overall imports in the first three quarters of 2020 averaged about 325,500 bpd, fell by 13.4% from a year earlier period, as the refiner had cut crude processing due to a decline in fuel demand, the data showed. The sources declined to be identified as they were not authorized to speak with the media.
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