ONGC Mangaluru Strategic Petroleum Reserve Expansion Phase-I Extension
Sector: Oil and Gas • Location: Mangaluru, Karnataka, India
Source: Discovery Alert
The ONGC Mangaluru Phase-I Extension project involves adding 1.75 million metric tonnes (MMT) of underground rock cavern capacity to India's strategic petroleum reserve network. This expansion increases the total reserve capacity from 5.33 MMT to approximately 7.08 MMT, enhancing India's energy security by increasing its crude oil emergency buffer. The project is notable for being directly finance
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Participants
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Status
Original status | planned |
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Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
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Contact
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Description
Description | The ONGC Mangaluru Phase-I Extension project involves adding 1.75 million metric tonnes (MMT) of underground rock cavern capacity to India's strategic petroleum reserve network. This expansion increases the total reserve capacity from 5.33 MMT to approximately 7.08 MMT, enhancing India's energy security by increasing its crude oil emergency buffer. The project is notable for being directly financed and constructed by ONGC, marking a shift from previous government entity-led projects, and is co-located with a 300,000 barrel per day refinery operated by MRPL at Mangaluru. |
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Original Currency | USD |
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Location
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Source
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Data quality score | 100% |
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URL | obfuscated_data,obfuscateddata.com |
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