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Strategic oil reserve is an important tool during ongoing crisis
Saudi Aramco to keep 4.6 mn barrels of oil in India's Padur reserve: Govt
So far, Abu Dhabi National Oil Co is the only foreign company storing oil in India's strategic reserves, at Mangalore, also in Karnataka
Govt allows foreign firms to fill up Padur oil storage, to save Rs 100 bn
The Indian Strategic Petroleum Reserves Ltd has constructed and commissioned underground rock caverns for storage of total 5.33 million tonnes of crude oil at three locations