Q. ‘Indian Strategic Petroleum Reserves Limited’ is owned by which organisation?
Answer:
Oil Industry Development Board
Notes: Indian Strategic Petroleum Reserves Limited (ISPRL) is a wholly owned subsidiary of Oil Industry Development Board (OIDB) under the Union Ministry of Petroleum & Natural Gas.
India will release 5 million barrels of crude oil from its strategic petroleum reserves from ISPRL. The company maintains strategic crude oil storages at three locations namely, Visakhapatnam, Mangalore and Padur totaling 5 million metric tons.