- News>
- Economy
Crude oil imports jump 5.3 pc to 51.9 mt in Apr-Oct
New Delhi, Nov 28: India`s crude oil imports have jumped 5.3 per cent to 51.928 million tonnes in the first seven 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, Petroleum Secretary B K
Chaturvedi told reporters here.
Reliance imported 18.254 million tonnes of crude this
fiscal as compared to 17.273 million tonnes the previous 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 imported 3.367 million tonnes of
petroleum products, slightly lower than 3.47 million tonnes of
products imported in the first seven months of 2002-03.
Chaturvedi said naphtha import was down to 1.24 million
tonnes (1.63 million tonnes last year) but LPG imports surged
to 0.68 million tonnes in April-October this year as against
0.235 million tonnes in 2002-03.
Kerosene imports too were higher at 0.665 million tonnes
when compared with 0.396 million tonnes last year.
On the other hand, petroleum products exports rose 21.6
per cent to 7.3 million tonnes in the first seven months of
2003-04 as opposed to 6 million tonnes the previous year.
Diesel exports nearly doubled to 3.2 million tonnes.
Petrol export was marginally higher at 1.65 million tonnes as
compared to 1.35 million tonnes last year, he said.
Bureau Report