Strategic Petroleum Reserve (India)
| Storage facilities | |
| Industry | Petroleum |
| Founded | 2005 in New Delhi, India[1] |
| Headquarters | Noida, India |
Key people | Rajan K Pillai (CEO) |
| Products | Crude Oil |
| Owner | Ministry of Petroleum and Natural Gas |
| Parent | Oil Industry Development Board |
| Website |
www |
The Indian Strategic Petroleum Reserve (ISPR) is an emergency fuel store of total 5 MMT (million metric tons) or 36.92 MMbbl of strategic crude oil enough to provide 10 days of consumption[2] which are maintained by the Indian Strategic Petroleum Reserves Limited.[3][4]
Strategic crude oil storages are at 3 underground locations in Mangalore, Visakhapatnam and Padur near Udupi are located on the east and west coasts of India are readily accessible to the refineries. These strategic storages are in addition to the existing storages of crude oil and petroleum products with the oil companies and serve in response to external supply disruptions.[5]
Expansion
India is planning to expand 4 more strategic crude oil facilities in second phase at Bikaner in Rajasthan, Rajkot in Gujarat, Padur in Udupi district of Karnataka and Chandikhole in Jajpur district of Odisha.[2]
See also
Global strategic petroleum reserves
External links
References
- ↑ http://economictimes.indiatimes.com/industry/energy/oil-gas/india-wants-to-add-uae-saudi-oil-for-strategic-reserve/articleshow/54446688.cms
- 1 2 "Store Our Oil And Take Two-Thirds For Free: UAE's Offer to India". NDTV. Retrieved 2016-02-10.
- ↑ "Filling of strategic oil reserves delayed". Retrieved 2015-12-23.
- ↑ Alexander's Gas & Oil Connections - India to build up storage of crude oil
- ↑ "Indian Strategic Petroleum Reserves Limited". Retrieved 2016-01-29.