(INFRALINE) — India will begin constructing storage facilities to hold 2.5 million tonnes of crude oil reserves by next April, said Petroleum Secretary B K Chaturvedi. “We have approached the Cabinet with a proposal to build strategic inventory of crude oil at Visakhapatnam and Mangalore in the first phase,” said Mr Chaturvedi. The facilities, to…
INDIA: Work on storage for strategic oil reserves to begin next year
Posted on November 13, 2003 by EnergyAsia