India has Fuel Reserves to meet over 80 days of its Requirements – Puri

India has fuel reserves to meet more than 80 days of its requirements, Union Petroleum Minister Hardeep Singh Puri said.

“The number of refineries has grown, import terminals have grown and I am sometimes asked why isn’t the country’s SPR bigger?” Mr. Puri said, adding, “Please combine everything we have more than eighty plus days [worth] of capacity to store.”

Mr. Puri said India’s energy security framework extends beyond strategic petroleum reserves (SPR), with expanded refining capacity, import infrastructure and other storage facilities contributing to the overall buffer.

Today, India is not only a major centre for energy consumption – it is the third-largest consumer, fourth-largest refining centre – but [also] shaping the global energy conversation,” he said.