Strategic petroleum reserves India (Business Opportunities - Marketing & Sales)

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Strategic petroleum reserves India


Strategic petroleum reserves India

India's Strategic Petroleum Reserves (SPR) are emergency oil stockpiles maintained by the Indian Strategic Petroleum Reserves Limited (ISPRL), a government-owned company. Established to enhance energy security, SPRs protect against global supply disruptions and price volatility. India currently has underground storage facilities in Visakhapatnam, Mangalore, and Padur with a total capacity of around 5.33 million metric tons. These reserves can meet approximately 9–10 days of the country's oil demand. Plans for additional capacity are underway to expand coverage. SPRs are a critical part of India's energy strategy, ensuring preparedness during crises and reducing dependence on external oil supply fluctuations, Strategic petroleum reserves India, Indianpetroplus

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Last Update : 26 May 2025 10:14 AM
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Item  Owner  : Indianpetroplus
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