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Strategic Petroleum Reserve at Chandikhol

Sector: Government • Location: Chandikhol, Odisha, India

Source: Telegraph India

Project
Planned

The project involves storing crude oil in underground facilities with a capacity of four million metric tonnes at Chandikhol, about 100 km from Bhubaneswar, Odisha. It aims to strengthen the country's energy security by providing a buffer during global oil price volatility or supply disruptions. The reserve is expected to meet 7.12 days of the country's crude oil requirement and will be developed

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The project “Strategic Petroleum Reserve at Chandikhol” is an infrastructure initiative in the Government sector, located in Chandikhol, Odisha, India. Taiyo aggregates data on it from Telegraph India.

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planned

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Description

Description

The project involves storing crude oil in underground facilities with a capacity of four million metric tonnes at Chandikhol, about 100 km from Bhubaneswar, Odisha. It aims to strengthen the country's energy security by providing a buffer during global oil price volatility or supply disruptions. The reserve is expected to meet 7.12 days of the country's crude oil requirement and will be developed over 400 acres. Crude oil will be unloaded at Paradip Port and transported to the reserve via pipelines and tanker movement.

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