{"id":378632,"date":"2020-10-15T11:19:18","date_gmt":"2020-10-15T05:49:18","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=378632"},"modified":"2020-10-15T12:37:22","modified_gmt":"2020-10-15T07:07:22","slug":"govt-allows-adnoc-to-export-oil-from-strategic-reserve","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/govt-allows-adnoc-to-export-oil-from-strategic-reserve\/","title":{"rendered":"Govt allows ADNOC to export oil from strategic reserve"},"content":{"rendered":"<p>NEW DELHI, CRUDE OIL : The Indian cabinet on Wednesday allowed Abu Dhabi National Oil Co (ADNOC) to export oil from a Mangalore strategic storage, a government minister said, marking a policy shift that could enhance foreign participation as India seeks to expand its storage capacity.<\/p>\n<p>Allowing ADNOC to export its oil mirrors a model adopted by countries such as Japan and South Korea which allow oil producers to re-export crude storage. India does not allow oil exports.<\/p>\n<p>&#8220;The move will facilitate trade for ADNOC,&#8221; Prakash Javadekar, minister of environment, told a news briefing.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI, CRUDE OIL : The Indian cabinet on Wednesday allowed Abu Dhabi National Oil Co (ADNOC) to export oil from a Mangalore strategic storage, a government minister said, marking a policy shift that could enhance foreign participation as India seeks to expand its storage capacity. Allowing ADNOC to export its oil mirrors a model adopted by countries such as Japan and South Korea which allow oil producers to re-export crude storage. India does not allow oil exports. &#8220;The move will facilitate trade for ADNOC,&#8221; Prakash Javadekar, minister of environment, told a news briefing.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,187],"tags":[],"class_list":["post-378632","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-oil-gas-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/378632","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=378632"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/378632\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=378632"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=378632"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=378632"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}