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India wants to add Saudi, UAE oil for strategic reserve in Mangaluru

[email protected] (Agencies)
September 22, 2016

New Delhi, Sep 22: India is talking to Saudi Arabia and the UAE to fill half of the 1.5 million tons (mt) of the Mangalore strategic storage, along with Iranian crude, its oil minister said.

oilstoreDharmendra Pradhan told a news conference India is exploring two to three other models for sourcing oil to fill the remainder of the storage.

During Saudi Energy Minister Kahlid A. Al-Falih's visit to New Delhi in October, India plans to discuss the filling of the Mangalore strategic storage, and investments in refinery and petrochemical projects.

Globally, most of the biggest crude oil consuming countries have a strategic storage capacity of at least 50 days, but India currently stands less than 10 days.

In 2005, the Oil Ministry had set up Indian Strategic Petroleum Reserves Ltd. (ISPRL) to build strategic storages in India.

Under phase I of development, the company has built a total of 5.33 mt of storage capacity in three locations — Vizag (1.33 mt), Mangalore (1.5 mt) and Padur (2.5 mt). Only Vizag is currently operational.

Comments

Satyameva jayate
 - 
Thursday, 22 Sep 2016

Naren
And Viren
Why oil from Islamic nations.......no questions or foolish comments????
Zaroorat padne pe kahee bhi jhukna padega......u can't understand relations between anyone..
Hindu state country world ha ha bla bla bla.....go you saffron's produce some oil for our country....or defend the enemy at borders with chaddi and Lati....foolish fellows..this country is united..if I need it for saffron religion only ..get lost....

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News Network
April 17,2020

Bengaluru, Apr 17: Karnataka on Thursday inked an agreement with the Sri Sri Ravi Shankar-led Art of Living to rejuvenate water sources and improve groundwater recharge in nine districts.

Rural Development & Panchayat Raj (RDPR) Minister KS Eshwarappa held talks with Ravi Shankar on the project. The partnership seeks to take up works through funds available under the Mahatma Gandhi National Rural Employment Guarantee Act (NREGA).

The project proposes to take up works in Shivamogga, Udupi, Uttara Kannada, Chitradurga, Ballari, Kolar, Yadgir, Kodagu and Tumakuru districts. Under NREGA, works such as construction of check dams, construction of contours, bunds and so on will be commissioned.

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News Network
May 29,2020

Karwar, May 29: A five-month-old baby girl was discharged from Kasturba Institute of Medical Sciences (KIIMS), Mangaluru after her successful recovery from Covid-19 on Friday.

The baby was admitted to a hospital in Mangaluru in the third week of April for the treatment of epilepsy and on May 8, the baby, her parents tested positive for Covid-19 and they were also admitted. It is said that they contracted the virus from their 18-year-old relative.

Although the parents were discharged from KIMS on May 23, since the baby had epilepsy, doctors continued the treatment for 19 days.

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coastaldigest.com news network
May 23,2020

Mangaluru, May 23: Two more persons tested positive for covid-19 in Dakshina Kannada today taking the district's tally to 65.

One among them is a 30-year-old man who had returned from Maharashtra and was under quarantine. He underwent test at a private lab and was tested positive.

The other one is a 41-year-old woman who is a resident of Shirlalu in Beltangady and had symptoms of influenza-like illness. 

She was urged by residents in the surroundings of her house to go for a test. She was shifted to Wenlock COVID hospital in the morning on Saturday.

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