1.75 MMT Strategic Petroleum Reserve Expansion at Mangalore
Sector: Oil and Gas • Location: Mangalore, Karnataka, India
Source: India Infoline
ONGC has approved the development of a 1.75 million metric tonne Strategic Petroleum Reserve (SPR) facility at Mangalore, Karnataka. This project aims to enhance India's emergency crude oil storage capacity on the western coast, strengthen energy security, and reduce vulnerability to global crude oil supply disruptions. The facility will add approximately 12.8 million barrels of storage capacity a
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Status
Original status | planned |
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Description
Description | ONGC has approved the development of a 1.75 million metric tonne Strategic Petroleum Reserve (SPR) facility at Mangalore, Karnataka. This project aims to enhance India's emergency crude oil storage capacity on the western coast, strengthen energy security, and reduce vulnerability to global crude oil supply disruptions. The facility will add approximately 12.8 million barrels of storage capacity and is expected to integrate with Mangalore Refinery and Petrochemicals Ltd. (MRPL) operations. |
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Original Currency | USD |
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