Startegic Petroleum Reserve Current Affairs, GK & News

IEA launches India’s Energy Policy Report

On January 10, 2020, the International Energy Agency (IEA) launched India’s Energy Policy Report. The report insisted that India should adopt its think tank NITI Aayog’s National Energy Policy. IEA released its “India Report 2020”, in collaboration with NITI Aayog. Key Findings of the report The oil demand of India will overtake China by mid-2020. ..

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Strategic Petroleum Reserve: India receives first crude oil cargo from UAE for Mangalore reserve

India received first consignment of 2 million barrels of crude oil from United Arab Emirates (UAE) for its strategic petroleum reserve (SPR) at Mangaluru (on west coast), Karnataka. This first consignment from UAE fill one of two strategic reserve caverns at Mangaluru under agreement between Indian Strategic Petroleum Reserves Ltd (ISPRL) and Abu Dhabi National ..

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