The Hindu·3 min read·medium
ONGC to reserve half of oil storage facility in Mangaluru towards strategic reserves: MoS Petroleum
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The Hindu Bureau
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The Indian government, through ONGC, is designating half of its 1.75 million metric tonne oil storage facility in Mangaluru as a strategic petroleum reserve. This move is part of a broader plan to increase India's energy security by expanding national storage capacity.
State-owned Oil and Natural Gas Corp (ONGC) would reserve half of its 1.75 million metric tonnes (MMT) oil storage facility in Mangaluru as strategic storage, Suresh Gopi, Minister of State in the Union Petroleum Ministry told the Upper House on Monday (August 3, 2026).
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