Strategic Petroleum Reserves Current Affairs, GK & News

Cabinet approves establishment Strategic Petroleum Reserves at Chandikhol and Padur

The Union Cabinet has approved establishment of additional 6.5 Million Metric Tonne (MMT) Strategic Petroleum Reserves (SPR) facilities at Chandikhol in Odisha and Padur in Karnataka. It also approved construction of dedicated SPMs (Single Point Mooring) for the two SPRs. This decision is in line with Government’s announcement of setting up of two additional SPRs ..

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UAE’s ADNOC to store crude oil in India's Strategic Petroleum Reserves

The UAE’s national oil company Abu Dhabi National Oil (ADNOC) Company has agreed to store crude oil in India’s maiden Strategic Petroleum Reserves (SPRs) storage. It will be first of its kind deal in which India has partner with other country for storing crude oil in the SPR storage for emergency purpose. Strategic Petroleum Reserves: ..

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