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India plans to add strategic fuel reserves after Iran war shock
India is bolstering its energy security by planning strategic reserves of crude oil, LPG, and LNG to cover up to a month's demand, aiming to prevent supply disruptions like those seen during the Persian Gulf crisis. This ambitious move follows a review of existing, limited stockpiles and includes expanding underground crude storage and addressing the challenges of storing gas.
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timesofindia.indiatimes.com
Energy security during Middle East crisis: Why India keeps relying on state-run oil firms despite privatisation bids
Every major crisis India has faced in recent years, from devastating floods and the Covid-19 pandemic to the latest conflict in Middle East that disrupted global oil markets, has…
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thehindubusinessline.com
The Hormuz Crisis and India’s 100-Day Test
Explore India's strategic response to the Hormuz Crisis, highlighting energy security, diplomatic efforts, and effective crisis management.
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energyintel.com
Brimming Tanks, Ample Supplies Dampen India's Thirst for Iranian Oil
Indian refiners are facing an operational bottleneck in procuring Middle Eastern crudes, including Iranian, due to bloated onshore storage at refineries.
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economictimes.indiatimes.com
India plans to add strategic fuel reserves after Iran war shock
India is bolstering its energy security by planning strategic reserves of crude oil, LPG, and LNG to cover up to a month's demand, aiming to prevent supply disruptions like those…
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India plans to cut reliance on Middle East oil, tap spot market after war shock
India's state refiners are pivoting away from Middle Eastern oil contracts following the Iran war's supply disruptions. They plan to boost spot market purchases and forge deals…
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India plans to cut reliance on West Asian oil after war shock
The change to India’s oil-buying strategy would mark one of the biggest shifts in years, and will require balancing energy security needs while keeping crude-purchasing costs in…
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No sudden shelter from storms: What protected India's oil supply during Hormuz crisis - The Economic Times
India successfully navigated the Hormuz Strait closure, avoiding fuel shortages despite initial fears. This resilience wasn't due to last-minute decisions but years of strategic…
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OMCs eye expanding LPG buffer to 30 days from national average of 18
India is boosting its LPG reserves to a 30-day supply, a strategic move prompted by the Iran war highlighting supply route vulnerabilities. Bharat Petroleum plans a significant…