NEW DELHI: Essar Oil, the top Indian buyer of Iranian crude, imported 2 percent less oil from Tehran in January compared with the previous month, according to tanker arrival data obtained from sources and assessed by Thomson Reuters Oil Analytics.
Essar Oil’s overall shipments from Tehran declined by about 3.1 percent at about 112,500 barrels per day (bpd) in the first ten months of the contract year beginning April 1, 2015, the data also showed.
India’s oil imports from Iran fell more than a quarter in January from the previous month, although incoming shipments are expected to pick up in February as post-sanctions crude starts arriving.
