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Indian Strategic Petroleum Reserves Limited (ISPRL) is an Indian company responsible for maintaining the country's strategic petroleum reserves.ISPRL is a wholly owned subsidiary of the Oil Industry Development Board (OIDB), which functions under the administrative control of the Ministry of Petroleum and Natural Gas.
Global strategic petroleum reserves. Global strategic petroleum reserves (GSPR) refer to crude oil inventories (or stockpiles) held by the government of a particular country, as well as private industry, to safeguard the economy and help maintain national security during an energy crisis. Strategic reserves are intended to be used to cover ...
Indian Oil Corporation Limited (IOCL or IOC), trading as IndianOil, is an Indian multinational [4][5] oil and gas company under the ownership of the Ministry of Petroleum and Natural Gas, Government of India. Registered in Mumbai but headquartered in New Delhi, [6] it is a public sector undertaking whose operations are overseen by the Ministry ...
Reuters reported last month that India had changed its policy to allow the Indian Strategic Petroleum Reserves Ltd (ISPRL), which manages the federal oil inventories, to lease 30% of its overall ...
The Indian Strategic Petroleum Reserve (SPR) is an emergency fuel store of total 5 Mt or 31.5 million barrels (5.0 million cubic metres) of strategic crude oil enough to provide 10 days of consumption which are maintained by the Indian Strategic Petroleum Reserves Limited.
Proven oil reserves are those quantities of petroleum which, by analysis of geological and engineering data, can be estimated, with a high degree of confidence, to be commercially recoverable from a given date forward from known reservoirs and under current economic conditions.
America’s Strategic Petroleum Reserve is a collection of underground salt caverns in Texas and Louisiana that can hold more than 700 million barrels of oil, although it is not currently full.
574 106. Padur (Padoor)is a village in the Udupi district of Karnataka. [1] It is best known for being one of the locations of the Indian strategic petroleum reserves. [2][3] Padur, a village in Karnataka, has been a victim of shortsightedness in government planning. The reckless destruction of its precious agricultural land is not only ...