News on Indian tankages (Business Opportunities - Marketing & Sales)

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News on Indian tankages


News on Indian tankages

India's tankage infrastructure is expanding rapidly to meet the growing demand for oil storage and transportation. The country is investing heavily in both strategic and commercial tankages to enhance its energy security and support the oil and gas sector. Key developments include the expansion of oil storage facilities at major ports like Mumbai, Visakhapatnam, and Mundra. These facilities are crucial for storing crude oil imports and ensuring a stable supply of petroleum products across the nation. The Indian government is also focusing on building strategic petroleum reserves (SPR) to safeguard against supply disruptions. The country's SPR program includes facilities like the ones at Mangalore, Padur, and Vishakhapatnam, with plans to expand storage capacity further. Private players are also increasing investments in tankages to support the growing domestic demand for fuel and petroleum products. With robust tankage infrastructure, India
is strengthening its position as a major player in the global oil and gas market, News on Indian tankages, indianpetroplus

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Last Update : 11 March 2025 2:03 AM
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