Search results
Results from the WOW.Com Content Network
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.
The OIDB then created the Indian Strategic Petroleum Reserves Ltd (ISPRL) to serve as the controlling government agency for the strategic reserve. [23] The facilities are located at: Mangalore, State of Karnataka. Capacity of 10.515 million barrels. Padur village, Udupi in the state of Karnataka. Capacity of 17.525 million barrels. [24]
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.
India plans to take advantage of low prices for oil from Saudi Arabia and the United Arab Emirates to top up its strategic petroleum reserves (SPR), two sources familiar with the matter said on ...
NEW DELHI/DUBAI (Reuters) - Abu Dhabi National Oil Co. (ADNOC) has signed a preliminary agreement to use half of the Padur strategic reserve facility in Southern India, which can store about 2.5 ...
He also served as Board Director-Incharge of Indian Strategic Petroleum Reserves Limited, [3] Member of the Management Advisory Committee of Bureau of Energy Efficiency [4] (under Ministry of Power) and Member of the Governing council of Centre for High Technology (under Ministry of Petroleum and Natural Gas). [5]
President Joe Biden’s Administration has presided over an unprecedented drainage of oil from America’s Strategic Petroleum Reserve (SPR) following Russia’s invasion of Ukraine. As of Sept ...