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Iraqi oil exports to India exceed counterpart Arabia
BAGHDAD / long-Presse
Iraqi oil exports to India exceed counterpart Arabia
BAGHDAD / long-Presse
Revealed the Western media, on Friday, all exceeded Iraqi oil exports to India counterpart Arabia during the month of April, as indicated that Iraq form 22% of the total oil imported by India in exchange for 18% of Saudi Arabia, Indian Oil Corporation confirmed that Iraqi oil is useful its largest of Saudi Arabia because of the different prices. The Reuters news agency in a report seen by the (long-Presse) that "the volume of oil exports data for the Asian market yesterday revealed skipped the size of Iraq's oil exports to India, Saudi Arabia's exports to them during the month of April, at a time when the biggest oil producers in OPEC are competing for the oil market shares Asian fast-growing. " The report added that "the data revealed that the arrival of Iraqi oil exports rate for India during April to 960,700 barrels per day, an increase of 41% for exports in March rate higher by 79% from last year's export rates," pointing out that "The data also showed imports of India for 787,700 barrels per day from Saudi Arabia last month, which is less than last year's rate of 14%. " In turn, the financial director of the Indian Oil Corporation AK Sharma "The Iraqi oil is more us than Saudi oil, said the benefit because the price suitable for us, and there is a big difference prices."
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