Skip to content
MukhyamantriMukhyamantri
Business

India Orders Major Strategic Oil Reserve Expansion After Supply Crisis

India’s government has asked state-owned Oil and Natural Gas Corp (ONGC) to build and fill a new site for strategic petroleum reserves, with an estimated investment of $1.6 billion, local outlet the Economic Times reported on Friday, quoting sources with know…

By Tsvetana Paraskova· OilPrice.com· 4 months ago· 2 min read
India Orders Major Strategic Oil Reserve Expansion After Supply Crisis