Lok Sabha Question No. 230 (UNSTARRED), answered on 2019-02-04
Subject: Indian Strategic Petroleum Reserves
Ministry: PETROLEUM AND NATURAL GAS
Asked by: MEENAKASHI LEKHI, G. HARI

## LOK SABHA UNSTARRED QUESTION NO. 230 TO BE ANSWERED ON 4 TH  FEBRUARY, 2019

## Indian Strategic Petroleum Reserves

## 230. SHRIMATI MEENAKASHI LEKHI SHRI G. HARI:

## पैट्रोलियम और प्राक ृ लिक गैस मंत्री

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

- (a) whether Indian Strategic Petroleum Reserves Limited (ISPRL) has signed a Memorandum of Understanding with Abu Dhabi National Oil Company for leasing out the strategic oil reserve at Padur for storage of crude oil and if so, the details thereof;
- (b) the number of underground oil reserves set up so far by ISPRL along with their respective capacities which could be utilised in emergency situation;
- (c) the quantum of funds disbursed and mode of investment for setting up these oil reserves;
- (d) whether  the  Government  has  approved  the  establishment  of  Strategic Petroleum  Reserve  (SPR)  facilities  at  two  locations  and  has  also  given approval to increase the size of SPRs for three months and if so, the details thereof;
- (e) whether the Government has given in principle approval for creation of two additional Strategic Petroleum Reserves (SPR) facilities with total storage capacity  of  6.5  million  tonnes  which  works  out  to  another  12  days  of reserve and if so, the details thereof; and
- (f) whether the total 5.53 MMT capacity under phase-1 of the SPR programme is  estimated  to  supply  approximately  10  days  crude  requirement  of  the country and if so, the details thereof?

## ANSWER

## पैट्रोलियम और प्राक ृ लिक गैस मंत्रािय में मंत्री ( श्री धमेन्द्र प्रधान )

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

- (a) Indian  Strategic  Petroleum  Reserves  Limited  (ISPRL)  and  Abu  Dhabi National  Oil  Company  (ADNOC)  of  UAE  signed  a  Memorandum  of Understanding on 12 th November, 2018 to explore  possibility  of  storage  of crude oil in two compartments of Padur Strategic Petroleum Reserve (SPR) facility constructed under Phase I of the SPR programme.
- (b) & (c) ISPRL  has  created  SPR  facilities  at  three  locations,  namely  (i) Vishakhapatnam (1.33 MMT), (ii) Mangaluru (1.5 MMT) and (iii) Padur (2.5

MMT).  An  expenditure  of  Rs.4098.35  cr  was  approved  towards  creating these  three  SPR  facilities.  The  capital  cost  for  constructing  the  SPRs  was funded through one time lump sum budgetary grant by GoI.

- (d)  &  (e) In  June  2018,  Government  has  given  'in  principle'  approval  for establishment of two additional SPR facilities with total storage capacity of 6.5 Million Metric Tonnes (MMT) at two locations namely (i) Chandikhol in Odisha  (4  MMT)  and  (ii)  Padur  in  Karnataka  (2.5  MMT).  As  per  the consumption  pattern  of  2017-18,  6.5  MMT  SPR  capacity  is  estimated  to provide for about additional 11.57 days of India's crude oil requirement.
- (f) As per the consumption pattern of 2017-18, the 5.33 MMT of total capacity under Phase-I of the SPR programme is estimated to provide for about 9.5 days of country's crude oil requirement.

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