Lok Sabha Question No. 256 (STARRED), answered on 2017-03-20
Subject: Strategic Petroleum Reserves
Ministry: PETROLEUM AND NATURAL GAS
Asked by: KIRIT PREMJIBHAI SOLANKI, RANGASWAMY DHRUVANARAYANA

## LOK SABHA STARRED QUESTION NO. 256

## TO BE ANSWERED ON 20 th  March, 2017

## STRATEGIC PETROLEUM RESERVES

*256. DR. KIRIT P. SOLANKI SHRI R. DHRUVA NARAYANA:

पैट्रोलियम और प्राक ृ लिक गैस मंत्री Will the Minister of PETROLEUM AND NATURAL GAS be pleased to state:

- a.  the  details  of  existing  oil  storage  capacity  of  various  Oil  Marketing Companies (OMCs) including their utilisation to meet the demand as emergency  storage  along  with  any  proposal  to  increase  strategic Petroleum Reserves storage capacity in the country;
- b.  the time by which such reserves are likely to be filled up along with the number of days the demand of oil is likely to be met from these reserves in emergency situations;
- c.  whether India has received its first Iranian oil parcel to fill the aforementioned strategic storage and if so, the details thereof;
- d.  whether  the  Government  has  signed  a  deal  with  Gulf  nations including United Arab Emirates and other Middle East countries to fill the  underground  crude  oil  storage  facility  at  Mangaluru  and  other caverns in the country; and
- e.  if so, the details thereof along with the steps taken/being taken by the Government to fill the said caverns including the expenditure incurred in this regard, country/company-wise?

## ANSWER

पैट्रोलियम और प्राक ृ लिक गैस मंत्रािय में राज्य मंत्री ( स्विंत्र प्रभार ) ( श्री धमेन्द्र प्रधान )

THE MINISTER OF STATE (INDEPENDENT CHARGE) IN THE MINISTRY OF PETROLEUM AND NATURAL GAS (SHRI DHARMENDRA PRADHAN)

- (a) to (e): A statement is laid on the table of the House.

## STATEMENT REFFERED TO IN REPLY TO PARTS (a) TO (e) OF LOK SABHA STARRED QUESTION NO. 256 BY DR. KIRIT P. SOLANKI  and SHRI  R.  DHRUVA  NARAYANA  TO  BE  ANSWERED  ON  20 TH   March, 2017 REGARDING STRATEGIC PETROLEUM RESERVES

- a) & b) As per an Approach Paper prepared by a working group set up by the Ministry, in India, there is 63 days of existing storage based on estimated commercial reserve of  crude  oil,  petroleum  products  and gas. Under Phase I, Government, through a Special Purpose Vehicle viz.  Indian  Strategic  Petroleum  Reserve  Ltd  (ISPRL),  has  built Strategic  Petroleum  Reserve  (SPR)  facilities  at  three  locations  viz. Vishakhapatnam, Mangaluru and Padur with a total capacity of 5.33 MMT.  The  Vishakhapatnam  and  Mangaluru  storage  facilities  have already  been  commissioned.  The  entire  Vishakhapatnam  storage facility and half of Mangaluru  facility have been filled up by Government.  The  total  5.33  MMT  reserve  of  Phase-I  of  SPR  is currently  estimated  to  supply  approximately  10.5  days  of  India's crude  requirement  according  to  the  consumption  during  2015-16. Under  Phase  II,  it  is  proposed  to  set  up  additional  10  MMT  SPR facilities at Chandikhol in Odisha and Bikaner in Rajasthan.
- c) First parcel of the Iranian crude oil was received in October, 2016 for filling up the first compartment of SPR facility at Mangaluru.
- d) & e) On 25 January 2017, the Definitive Agreement on Oil Storage and  Management  was  signed  between  ISPRL  and  Abu  Dhabi National Oil Company (ADNOC) of UAE for filling the second cavern at  Mangaluru  SPR  facility.  The  SPR  facility  at  Visakhapatnam  has already been filled with crude oil at a cost of Rs. 2521 crores and one of the caverns at Mangaluru has also been filled at a cost of Rs 1737 crores.

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