Abu Dhabi's oil firm to help fill India's strategic reserve, says Pradhan

It would take three very large crude carriers (VLCCs) to fill 5.86 million barrels or 0.75 million tonnes of space it has taken in Mangaluru

Abu Dhabi National Oil Company (ADNOC) will send three large ships carrying crude oil beginning April to fill half of the 1.5 million tonne strategic oil reserves India has built at Mangaluru.

Oil Minister Dharmendra Pradhan said ADNOC last week signed an agreement to use half of the underground storages built at Mangaluru as part of emergency stockpile.

ADNOC had indicated its oil consignments for the next two months are booked and it would start filling the Mangaluru storage it had taken from April, he said.

It would take three very large crude carriers (VLCCs) to fill 5.86 million barrels