India's Strategic Petroleum Reserve (SPR)
India's Strategic Petroleum Reserve Limited (ISPRL), under the Ministry of Petroleum and Natural Gas, operates three underground rock cavern facilities.
- Locations and capacities: Vishakhapatnam (1.33 MMT), Mangaluru (1.5 MMT), Padur (2.5 MMT) — total 5.33 Million Metric Tonnes (MMT).
- ISPRL reserves provide approximately 9.5 days of consumption; combined national storage (including commercial stocks) covers approximately 74 days.
- India falls short of the IEA's 90-day benchmark for full members.
- Expansion approved (2021): Two additional facilities at Chandikhol, Odisha (4 MMT) and Padur expansion (2.5 MMT) on a Public-Private Partnership basis.
- India is an Association Country of the IEA (since March 2017), not a full member; it participates in discussions but holds no voting rights and is not bound by the 90-day stock obligation.
- India formally applied for full IEA membership in October 2023; a charter amendment is required to admit non-OECD countries.
● Tracked since March 03, 2026 · last seen July 20, 2026 · updates as the daily brief publishes
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