(EnergyAsia, July 18 2011, Monday) — The Indian government has raised its budget to build the country’s first strategic crude oil storage terminal by 54% 10.38 billion rupees(US$1=45 rupees).The government had originally allocated R6.7 billion rupees to create an emergency one-million-tonne oil stockpile as a buffer against supply disruptions. With the growing risk of supply…