India's oil reserves stand at just 9-10 days: CEEW report
India, June 18 -- India's current strategic petroleum reserves are equivalent to just about 9-10 days of the country's net crude imports, far below other major import-dependent countries, a new report revealed on Wednesday.
The report released by Council on Energy, Environment and Water (CEEW) said other countries that rely heavily on crude imports - such as Japan and South Korea - maintain reserves sufficient for over 200 days. The report, 'How Secure is India's Energy Future? Assessing Accessibility, Reliability, and Affordability also noted that over 85 per cent of India's crude oil imports come from just six countries, including Russia and key West Asian suppliers, limiting flexibility supply shocks. Hemant Mallya, fellow at the CEEW...
Click here to read full article from source
इस लेख के रीप्रिंट को खरीदने या इस प्रकाशन का पूरा फ़ीड प्राप्त करने के लिए, कृपया
हमे संपर्क करें.