State-owned Indian Strategic Petroleum Reserves Ltd (ISPRL), which operates the country's strategic crude oil storage, will make awards by December to lease storage space for around 1 million tons of crude oil (7.3 million barrels) in two of the country's three existing Strategic Petroleum Reserves (SPRs).
This will enable refilling crude oil caverns even as escalating hostilities in the Gulf threaten disruption in oil supplies, two industry sources said.
Two top officials of state companies said ISPRL was evaluating offers to rent out 224,000 tons (1.62 million barrels) of space in the Visakhapatnam facility and one of the two caverns with a capacity of 760,000 tons (5.6 million barrels) in Mangalore. According to the ISPRL tender document, bids close on October 11. The space will be leased for two years, with a one-year extension.
هذه القصة مأخوذة من طبعة October 09, 2024 من Business Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
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هذه القصة مأخوذة من طبعة October 09, 2024 من Business Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
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