Lok Sabha Question No. 374 (UNSTARRED), answered on 2017-12-18
Subject: Indian Strategic Petroleum Reserves Limited
Ministry: PETROLEUM AND NATURAL GAS
Asked by: HARI BABU KAMBHAMPATI, BAIJAYANT "JAY" PANDA

## LOK SABHA UNSTARRED QUESTION NO. 374

## TO BE ANSWERED ON 18 th  DECEMBER, 2017

## INDIAN STRATEGIC PETROLEUM RESERVES LIMITED

374:   DR KAMBHAMPATI HARIBABU SHRI BAIJAYANT JAY PANDA:

## पैट्रोल ियम और प्राक ृ तिक गैस मंत्री

Will the Minister of PETROLEUM AND NATURAL GAS be pleased to state:

- a) Whether Indian Strategic Petroleum Reserve Limited (ISPRL) has constructed/  proposes  to  construct  crude  oil  reserves  at  Visakhapatnam, Mangalore  and  Padur  and  if  so,  the  details  thereof  along  with  the  cost incurred and storage capacities of the said caverns, cavern-wise;
- b) the  timeline  proposed  for  the  completion  of  all  phases  of  India's  strategic crude oil storages and efforts made by the Government to ensure completion of construction of said crude oil storages in a time bound manner;
- c) the time by which crude oil storage is likely to be stored in the said caverns and for how many days reserve of crude oil would last if required to be used;
- d) the  details  of  the  existing  storage  capacity  of  various  Oil  Marketing Companies  (OMCs)  along  with  expenditure  incurred  on  construction  of caverns and reasons for delay in construction of the said caverns, location / State / UT / OMC-wise; and
- e) whether ISPRL proposes to lease dedicated strategic oil storage facilities in the country to foreign oil companies and if so, the details thereof along with the benefits likely to be accrued to ISPRL and foreign oil companies?

## ANSWER

## पैट्रोल ियम और प्राक ृ तिक गैस मंत्रािय में मंत्री ( श्री धमेन्द्र प्रधान )

## MINISTER OF PETROLEUM AND NATURAL GAS (SHRI DHARMENDRA PRADHAN)

- (a)&(b) Government,  under  Phase  I  of  Strategic  Petroleum  Reserve  (SPR) programme, has  built  SPR  facility  with  a  total  capacity  of  5.33  MMT  at three locations viz. Vishakhapatnam (1.33 MMT), Mangaluru (1.5 MMT) and Padur (2.5 MMT).  An expenditure of Rs 4098.35 cr has been incurred on  creating  the  three  SPR  facilities.    Construction  of  additional  Strategic Petroleum Reserves are being envisaged in Phase II.
- (c) The caverns at Vishakhapatnam and one of the two caverns at Mangalore SPR facility have been filled with crude by Government. The total available reserve capacity of Phase-I of SPR facilities is currently estimated to supply approximately  10  days  of  India's  crude  requirement  according  to  the consumption during 2016-17.
- (d) As  per  an  Approach  Paper  prepared  by  a  working  group  set  up  by  the Ministry  in  2009,  there  is  an  estimated  63  days  of  commercial  storage  in India,  in  the  public  and  private  sectors,  including  crude  oil,  petroleum products and gas.
- (e) In order to reduce budgetary support of Government of India towards filling up of SPR facilities with crude oil, the Indian Strategic Petroleum Reserve Ltd (ISPRL), on 25 January 2017, signed the Definitive Agreement on Oil Storage and Management with Abu Dhabi National Oil Company (ADNOC) of UAE for filling up the second cavern at Mangalore facility.

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