India is expanding its strategic petroleum reserves through a new ONGC-led storage project while pursuing additional capacity and international crude storage partnerships to strengthen energy security.

Even as it focuses on building its strategic petroleum reserves, India is now looking to build emergency liquefied natural gas (LNG) reserves. The plan is to have storage at…

ONGC approved a 1.75 MMT strategic petroleum reserve expansion at Mangaluru. This project will add significant storage capacity to India's energy security network. India is…