VOL. XLIV

No. 16

16-April-2001

SUPPLY/DEMAND

Indias Oil Imports From Six OPEC States Set To Rise By 18% In FY2001-02

The state-owned Indian Oil Corporation plans to import 27mn tons (540,000 b/d) of crude oil from six OPEC states during the fiscal year 2001-02 which began on 1 April, a rise of 18% on imports during the previous 12 months (22.87mn tons), according to a Dow Jones report on 4 April quoting government and oil officials. Of the earmarked imports over the next 12 months, 7.5mn tons of...