ONGC has approved a 1.75 MMT strategic petroleum reserve in Mangaluru, Karnataka, marking its first investment in creating a crude storage facility to bolster energy security.
The project will add 1.75 million metric tons of storage capacity at Mangaluru
Jul 10, 2026
03:33 pm
What's the storyState-owned Oil and Natural Gas Corporation (ONGC) has approved a major expansion of India's strategic oil reserves.
The move comes as part of the company's efforts to bolster energy security amid global geopolitical tensions.
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ONGC approved a 1.75 MMT strategic petroleum reserve expansion at Mangaluru. This project will add significant storage capacity…
ONGC's board approves expanding India's strategic crude reserves by 1.75 million tonnes in Mangaluru, enhancing energy resilience.
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India has directed ONGC to build a new strategic petroleum reserve in Mangaluru, expanding the country's emergency crude storage…
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