Indian private refiner Essar Oil imported 139,400 barrels per day (bpd) from Iran in December, almost double the previous month's level, according to tanker arrival data obtained from trade sources and ship-tracking services on the Thomson Reuters terminal.
Russian oil major Rosneft and its partners, including global trader Trafigura and Russian fund UCP, in August closed a deal to acquire a 98.3 percent stake in Essar Oil for $12.9 billion, giving the consortium a foothold in Asia and securing a new outlet for its oil.
Essar Oil's imports from Iran in December was 16.5 percent higher than a year ago, the data showed. In 2017 the refiner shipped in about 21 percent less oil from Iran at about 134,000 bpd, the data showed. Following are details of Essar's crude and condensate imports in December and in 2017.
