India To Expand Strategic Fuel Reserves After Gulf Crisis

India is moving to dramatically expand its strategic fuel reserves after the Persian Gulf crisis, aiming to cover up to a month of domestic demand with crude, LPG, and LNG.Current reserves cover only about eight days of imports, but new underground caverns and gas storage projects are planned to raise capacity to at least 120 million barrels of crude and introduce long-term LPG and LNG
India is moving to dramatically expand its strategic fuel reserves after the Persian Gulf crisis, aiming to cover up to a month of domestic demand with crude, LPG, and LNG.Current reserves cover only about eight days of imports, but new underground caverns and gas storage projects are planned to raise capacity to at least 120 million barrels of crude and introduce long-term LPG and LNG
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