Opinion | How Big Is India’s Strategic Petroleum Reserve, And Why Govt Needs To Step On The Gas To Boost It

India is actively collaborating with oil-rich strategic partners like UAE and encouraging private-sector involvement to enhance its capabilities in this area. But more is needed.

India is the third-largest importer and consumer of oil globally. Representational image.

Source : PTI

Establishing a strategic petroleum reserve presents a formidable security challenge for India, necessitating advanced technical knowledge and substantial financial investment. In order to safeguard the nation against potential disruptions in the supply of petroleum products, India has undertaken considerable measures over the past 20 years. However, the scale of the task is immense, particularly in terms of developing extensive storage facilities capable of securely housing petroleum. Following