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Strategic Oil and Gas Reserves Expansion

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Source: Business Today

Project
Planned

India plans to expand its strategic oil and gas reserves to improve energy security. Current reserves last 74 days against the 90 days recommended by the IEA. The project includes increasing storage capacity for crude oil and critical products like LPG, with existing LPG storage caverns in Visakhapatnam and Mangaluru being small compared to demand.

Status
Prospective
Sector
Oil and Gas, Government
Location
India
Updated
22 Jul 2026
Source
Business Today

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Project Information

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The project “Strategic Oil and Gas Reserves Expansion” is an infrastructure initiative in the Oil and Gas sector, located in India. Taiyo aggregates data on it from Business Today.

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Status

Original status

planned

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

India plans to expand its strategic oil and gas reserves to improve energy security. Current reserves last 74 days against the 90 days recommended by the IEA. The project includes increasing storage capacity for crude oil and critical products like LPG, with existing LPG storage caverns in Visakhapatnam and Mangaluru being small compared to demand.

Original sector

Energy

Location

Country

India

Source

Source

Business Today

URL

More Details

Record type

Project

Sector

Oil and Gas, Government

Article published date

2026-04-15

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