Creating strategic reserves of fuel

  1. Strategic reserves of fuel being created for the first time in India by the NDA govt
  2. India used to have 5 to 6 days of storage, mostly stocks in transit
  3. Global: China has facilities for storage of crude oil for 20 days and the US has 50 to 60 days of storage
Oil and Gas Sector – HELP, Open Acreage Policy, etc.
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