India's Strategic Petroleum Reserve (SPR) and Energy Security
India maintains Strategic Petroleum Reserves (SPR) as a buffer against supply disruptions, managed by the Indian Strategic Petroleum Reserves Limited (ISPRL). India has underground cavern storage at three locations: Visakhapatnam (1.33 MMT), Mangaluru (1.5 MMT), and Padur (2.5 MMT) — total capacity of 5.33 MMT. At current consumption rates (~222 million tonnes/year), this represents approximately 9–10 days of consumption. India's Phase II SPR expansion targets an additional 6.5 MMT at Chandikhol (Odisha) and Padur (expansion). The International Energy Agency (IEA) recommends members hold 90 days of net import cover; India's SPR alone covers less than 10 days, with the balance relying on commercial stocks.
- India's SPR locations: Visakhapatnam (1.33 MMT), Mangaluru (1.5 MMT), Padur (2.5 MMT) = 5.33 MMT total.
- Coverage: ~9–10 days of consumption at current rates.
- IEA recommended strategic reserve: 90 days of net import cover.
- ISPRL (Indian Strategic Petroleum Reserves Ltd): operates SPR infrastructure under MoPNG.
- Phase II expansion: Chandikhol + Padur additional 6.5 MMT — if completed, total ~11.8 MMT (~18–20 days).
- Commercial stocks: refineries and OMCs maintain additional ~30 days of inventory, giving India ~40–45 days combined cover.
● Tracked since March 02, 2026 · last seen June 12, 2026 · updates as the daily brief publishes