Government Strengthens Strategic Petroleum Reserves
21 Mar 2025
2 Min Read
CW Team
In a major step towards bolstering India's energy security, the Government has established Strategic Petroleum Reserve (SPR) facilities through a Special Purpose Vehicle (SPV)鈥擨ndian Strategic Petroleum Reserve Limited (ISPRL). These reserves, with a total capacity of 5.33 Million Metric Tonnes (MMT) of crude oil, are strategically located at:
Visakhapatnam 鈥� 1.33 MMT
Mangaluru 鈥� 1.5 MMT
Padur 鈥� 2.5 MMT
Expanding SPR Capacity
To further strengthen energy resilience, in July 2021, the Government approved two additional SPR facilities with a total storage capacity of 6.5 MMT:
? Chandikhol, Odisha 鈥� 4 MMT
? Padur, Karnataka 鈥� 2.5 MMT
These facilities will be developed on a Public-Private Partnership (PPP) model, and the Government continues to evaluate new storage sites based on technical and commercial feasibility.
Diversifying Crude Supply Sources
To reduce dependency on any single region, Indian Oil PSUs have diversified their crude basket, sourcing oil from:
Middle East
Africa
North & South America
Additionally, LNG imports have been diversified, with Australia, USA, and UAE added as sourcing destinations. Several long-term agreements have also been signed to ensure uninterrupted LNG supply and protection from price volatility.
Promoting Clean Energy & Reducing Fossil Fuel Dependence
The Government is aggressively promoting clean energy through a multi-pronged strategy that includes:
Transitioning to a Gas-Based Economy 鈥� Encouraging natural gas usage across industries.
Alternative & Renewable Fuels 鈥� Boosting the adoption of ethanol, compressed biogas (CBG), biodiesel, green hydrogen, and EVs.
Energy Efficiency & Conservation 鈥� Refinery process improvements and optimisation.
Increasing Domestic Oil & Gas Production 鈥� Through policy reforms and incentives.
Sustainable Alternative Towards Affordable Transportation (SATAT) 鈥� Promoting CBG as an automotive fuel.
Ethanol & Biodiesel Blending Programmes 鈥� Expanding ethanol-blended petrol (EBP) and biodiesel-diesel blending initiatives.
This strategic approach is aimed at reducing India's dependence on imported fossil fuels while ensuring energy security, affordability, and sustainability.
This information was provided by Minister of State for Petroleum & Natural Gas, Shri Suresh Gopi, in a written reply in the Lok Sabh
In a major step towards bolstering India's energy security, the Government has established Strategic Petroleum Reserve (SPR) facilities through a Special Purpose Vehicle (SPV)鈥擨ndian Strategic Petroleum Reserve Limited (ISPRL). These reserves, with a total capacity of 5.33 Million Metric Tonnes (MMT) of crude oil, are strategically located at:
Visakhapatnam 鈥� 1.33 MMT
Mangaluru 鈥� 1.5 MMT
Padur 鈥� 2.5 MMT
Expanding SPR Capacity
To further strengthen energy resilience, in July 2021, the Government approved two additional SPR facilities with a total storage capacity of 6.5 MMT:
? Chandikhol, Odisha 鈥� 4 MMT
? Padur, Karnataka 鈥� 2.5 MMT
These facilities will be developed on a Public-Private Partnership (PPP) model, and the Government continues to evaluate new storage sites based on technical and commercial feasibility.
Diversifying Crude Supply Sources
To reduce dependency on any single region, Indian Oil PSUs have diversified their crude basket, sourcing oil from:
Middle East
Africa
North & South America
Additionally, LNG imports have been diversified, with Australia, USA, and UAE added as sourcing destinations. Several long-term agreements have also been signed to ensure uninterrupted LNG supply and protection from price volatility.
Promoting Clean Energy & Reducing Fossil Fuel Dependence
The Government is aggressively promoting clean energy through a multi-pronged strategy that includes:
Transitioning to a Gas-Based Economy 鈥� Encouraging natural gas usage across industries.
Alternative & Renewable Fuels 鈥� Boosting the adoption of ethanol, compressed biogas (CBG), biodiesel, green hydrogen, and EVs.
Energy Efficiency & Conservation 鈥� Refinery process improvements and optimisation.
Increasing Domestic Oil & Gas Production 鈥� Through policy reforms and incentives.
Sustainable Alternative Towards Affordable Transportation (SATAT) 鈥� Promoting CBG as an automotive fuel.
Ethanol & Biodiesel Blending Programmes 鈥� Expanding ethanol-blended petrol (EBP) and biodiesel-diesel blending initiatives.
This strategic approach is aimed at reducing India's dependence on imported fossil fuels while ensuring energy security, affordability, and sustainability.
This information was provided by Minister of State for Petroleum & Natural Gas, Shri Suresh Gopi, in a written reply in the Lok Sabh
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