Strategic Oil Reserve Expansion in Chandikhol, Odisha
Sector: Oil and Gas • Location: Chandikhol, Odisha, India
Source: Dailyhunt
An agreement between India and the UAE to expand crude oil storage in India's strategic reserves, with Odisha playing a significant role. The project involves storing 30 million barrels of crude oil, including facilities in Visakhapatnam and a future reserve in Chandikhol, Odisha. The proposed underground crude oil storage facility is envisioned as the world's largest, with a capacity of 4 MMT and
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Status
Original status | planned |
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Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
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Description
Description | An agreement between India and the UAE to expand crude oil storage in India's strategic reserves, with Odisha playing a significant role. The project involves storing 30 million barrels of crude oil, including facilities in Visakhapatnam and a future reserve in Chandikhol, Odisha. The proposed underground crude oil storage facility is envisioned as the world's largest, with a capacity of 4 MMT and an estimated cost of around Rs 8,700 crore. The project aims to enhance India's energy security and emergency preparedness. |
Original sub-sector | Obfuscated |
Original Currency | USD |
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Procurement method | Obfuscated Data |
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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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