Archive · 2 Jul 2025
India Plans New Oil Reserves to Bolster Energy Security
India is building more places to store oil to protect itself from problems.
They buy most of their oil from other countries.
They already have some big storage places and want to make them bigger in Rajasthan, Karnataka, and Madhya Pradesh.
This helps them have enough oil for around 90 days, which is important if there are any supply issues.
The government is working on this plan to make sure there's enough oil for everyone.
India plans to build three new strategic oil reserves to boost emergency stockpiles.
Feasibility studies are underway, with federal cabinet approval needed.
New reserves are planned in Rajasthan, Karnataka, and Madhya Pradesh.
India currently has strategic reserves at three locations with a capacity of 5.33 million tons.
Expanding storage aims to meet the International Energy Agency's 90-day reserve requirement.
- Who
- Indian Strategic Petroleum Reserve Ltd. and the Indian government.
- What
- India is planning to build three new strategic oil reserves.
- When
- Feasibility studies are ongoing; projects need cabinet approval.
- Where
- Rajasthan, Karnataka, and Madhya Pradesh in India.
- Why
- To enhance energy security and meet the 90-day reserve requirement of the International Energy Agency.
- Oil Import Reliance
- Over 80%
- Existing Reserve Locations
- Mangalore, Padur, Vizag
- Current Storage Capacity
- 5.33 million tons
- Planned Rajasthan Reserve
- 5.2 - 5.3 million tons
- Planned Karnataka Reserve
- 1.75 million tons
- India's Storage Coverage
- 75 days currently
- Target storage
- 90 days
