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India hopes to finalize a strategic petroleum reserve partner within a year

 Last Update: 2022-11-26
 Source: Internet
 Author: User

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The head of India's Strategic Petroleum Reserve Limited (ISPRL) said on Monday that India wants to forge partnerships with private companies to build its Strategic Petroleum Reserve
in the coming year, Reuters New Delhi reported.

In June, the Indian government approved two Strategic Petroleum Reserve (SPR) bases with a total capacity of 6.
5 million mt
.

ISPRL's chief executive, H.
Ahuja, said Monday that ISPRL has government-owned specialized vehicles, and the company plans to get bids
from investors for a second-stage storage program over a period of six to nine months.

petroleum

In June, the Indian government approved two Strategic Petroleum Reserve (SPR) bases with a total capacity of 6.
5 million mt
.

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