30
January
Oil & Gas-Brief-[Nonrated]-Petroleum import volume kept high in Jan
According to GSO estimate, crude oil exploitation in Jan decreased slightly to 713,000 tonnes (-7.1% mom, -3.7% yoy). Meanwhile, crude oil export and import volume went down strongly mom but increased yoy to 200,000 tonnes (-33.3% mom, +11.1% yoy), and 1.0 mn tonnes (-28.6% mom, +42.9% yoy), respectively. Petroleum import volume and value went up strongly yoy to 1.0 mn tonnes (-16.7% mom, +51.5% yoy) and USD879mn (-20.6% mom, +87.2% yoy), respectively.