- The Integrated Energy Policy (2006) recommended that are reserve equivalent to 90 days of oil imports should be maintained for strategic-cum-buffer stock purposes and/or buy options for emergency supplies from large storages available in neighboring countries.
- The Government through Indian Strategic Petroleum Reserves Limited (ISPRL) is in the process of creating strategic crude oil storage capacity for 5 million metric tons (MMT) in phase-1 at
- Vishakhapatnam in Andhra Pradesh,
- Mangalore and Padur in Karnataka.
Friday, February 10, 2017
OIL Buffer Stock
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