India to Designate Half of ONGC's Mangaluru Storage as Strategic Petroleum Reserve

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4 August 2026 at 1:41 am

India to Designate Half of ONGC's Mangaluru Storage as Strategic Petroleum Reserve

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Summary

India plans to designate half of ONGC's upcoming 1.75 million tonne Mangaluru storage facility as a strategic petroleum reserve to enhance oil security. The entire project is being funded by ONGC.

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India to Designate Half of ONGC's Mangaluru Storage as Strategic Petroleum Reserve | HyperFast News