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India Expands Strategic Petroleum Reserve to Strengthen Energy Security

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Strategic Petroleum Reserve in India

India Expands Strategic Petroleum Reserve to Strengthen Energy Security

New Delhi: India is expanding its Strategic Petroleum Reserve (SPR) to improve energy security and reduce risks from global oil supply disruptions.

The reserve stores crude oil for emergencies such as wars, natural disasters, and sudden supply shortages. The government uses these reserves to maintain fuel availability during crises.

Indian Strategic Petroleum Reserves Limited manages the project. The country currently stores crude oil at underground facilities in Visakhapatnam Strategic Petroleum Reserve, Mangalore Strategic Petroleum Reserve, and Padur Strategic Petroleum Reserve.

India imports a large share of its crude oil from international markets. Because of this dependence, global tensions and price fluctuations can affect the country’s economy and fuel supply.

Government officials said the expansion will improve emergency preparedness and support long-term energy stability. Experts also believe larger reserves will help India manage sudden price increases in global markets.

Several major economies maintain similar emergency oil reserves. These countries include United States, China, and Japan.

India continues to increase its storage capacity as energy demand grows across the country. Analysts say the move will strengthen economic resilience and protect national energy interests in the future.

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