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India Orders Major Strategic Oil Reserve Expansion After Supply Crisis | OilPrice.com
India has directed ONGC to build a new strategic petroleum reserve in Mangaluru, expanding the country's emergency crude storage capacity by roughly one-third as it seeks greater protection from future supply disruptions.
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economictimes.indiatimes.com
India may take a leaf from China's book for oil pool
India may adopt a China-like strategy for its oil reserves. Refiners could be required to hold significantly more crude oil. This move aims to protect the nation from future…
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Iran war shock: Govt asks ONGC to build ₹15,000 crore strategic oil reserve at Mangaluru
India plans to boost its oil security. Oil and Natural Gas Corporation, ONGC, will build a new strategic petroleum reserve facility in Mangaluru. This project will significantly…
