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International Relations GS 2 In the news 13 times

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.

Key details
  • 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.
In the news

Tracked since March 03, 2026 · last seen July 20, 2026 · updates as the daily brief publishes

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