Centre Plans Strategic Petroleum Reserves in Rajasthan and Madhya Pradesh to Shore Up Crude Buffers

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12 August 2026 at 11:56 pm

Centre Plans Strategic Petroleum Reserves in Rajasthan and Madhya Pradesh to Shore Up Crude Buffers

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Summary

The Indian government is planning to establish strategic petroleum reserves in Rajasthan and Madhya Pradesh, specifically at Bikaner and Bina. This initiative aims to bolster India's crude oil buffers amidst global supply risks and a national goal to achieve 90 days of oil stock.

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