Monday, November 12, 2018

Abu Dhabi oil company hires India's strategic oil storage

India has built 5.33 million tonne (MT) of emergency storage -- enough to meet its oil needs for 9.5 days, in underground rock caverns in Mangalore and Padur in Karnataka and Visakhapatnam in Andhra Pradesh. It has allowed foreign oil companies to store oil in the storages on condition that the stockpile can be used by New Delhi in case of an emergency.

from Times of India https://ift.tt/2qIuLNF
India has built 5.33 million tonne (MT) of emergency storage -- enough to meet its oil needs for 9.5 days, in underground rock caverns in Mangalore and Padur in Karnataka and Visakhapatnam in Andhra Pradesh. It has allowed foreign oil companies to store oil in the storages on condition that the stockpile can be used by New Delhi in case of an emergency. https://ift.tt/eA8V8J November 12, 2018 at 06:06PM https://ift.tt/2hJjhqE

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