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India plans to set up strategic gas reserve amid global energy crisis

Amid a deepening global energy crisis, India is planning to set up a strategic gas reserve on the lines of its strategic petroleum reserve (SPR)

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BS Web Team New Delhi
Amid a deepening global energy crisis, India is planning to set up a strategic gas reserve on the lines of its strategic petroleum reserve (SPR), Livemint reported on Thursday. 

According to the report, the government is planning to utilise existing liquefied natural gas (LNG) tunnels and exhausted oil wells and also planning to build new underground infrastructure similar to the large salt caverns for SPR. 

India has 5.33 million tonnes (MT) of underground strategic oil reserve facilities in Visakhapatnam, Mangalore, and Padur. 

The Centre can choose reserves close to the pipeline infrastructure so that fuel can be easily transported in

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First Published: Sep 22 2022 | 1:31 PM IST

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