• India currently has three partially commercialised and operational SPR (strategic Petroleum Reserve) facilities with a total capacity of 5.33 million metric tonnes (MMT) located in Visakhapatnam, Mangalore, and Padur.
• India is planning to construct two new Strategic Petroleum Reserve (SPR) facilities: An 18.3 million barrel storage cavern at Padur, Karnataka and a 29.3 million barrel facility in Odisha
• In a unique public-private partnership model, the government will allow private companies to trade 100 per cent of the oil stored in these new SPRS within the domestic market. This approach aims to expand India's SPR capacity with private-sector participation and financing.
Bu hikaye Geopolitics dergisinin April 2024 sayısından alınmıştır.
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Bu hikaye Geopolitics dergisinin April 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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