{"id":399343,"date":"2021-02-05T12:22:41","date_gmt":"2021-02-05T06:52:41","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=399343"},"modified":"2021-02-05T12:48:16","modified_gmt":"2021-02-05T07:18:16","slug":"adnoc-aramco-interested-in-indias-petroleum-reserves-venture","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/adnoc-aramco-interested-in-indias-petroleum-reserves-venture\/","title":{"rendered":"\u2018Adnoc, Aramco interested in India\u2019s petroleum reserves venture\u2019"},"content":{"rendered":"<p>UAE\u2019s Abu Dhabi National Oil Company (Adnoc) and Saudi Arabia\u2019s Saudi Aramco have shown interest in participating in the country\u2019s strategic petroleum reserves programme, including in the second phase of the plan which aims to build two additional storage facilities with total capacity of 6.5 million tonne (MT) at Chandikhol in Odisha (4 MT) and Padur in Karnataka (2.5 MT), oil and gas minister Dharmendra Pradhan said on Wednesday.<\/p>\n<p>The country\u2019s existing strategic petroleum reserve facilities \u2014 located in Visakhapatnam (1.3 MT), Mangaluru (1.5 MT) and Padur (2.5 MT) \u2014 can provide for about 9.5 days of crude oil requirement as per the consumption pattern of FY20. State-run oil marketing companies (OMCs) can stock for another 64.5 days. The government is planning to increase crude and petroleum products storage capacity from the existing 74 days to 86 days.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>UAE\u2019s Abu Dhabi National Oil Company (Adnoc) and Saudi Arabia\u2019s Saudi Aramco have shown interest in participating in the country\u2019s strategic petroleum reserves programme, including in the second phase of the plan which aims to build two additional storage facilities with total capacity of 6.5 million tonne (MT) at Chandikhol in Odisha (4 MT) and Padur in Karnataka (2.5 MT), oil and gas minister Dharmendra Pradhan said on Wednesday. The country\u2019s existing strategic petroleum reserve facilities \u2014 located in Visakhapatnam (1.3 MT), Mangaluru (1.5 MT) and Padur (2.5 MT) \u2014 can provide for about 9.5 days of crude oil requirement [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,195,138],"tags":[],"class_list":["post-399343","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/399343","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=399343"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/399343\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=399343"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=399343"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=399343"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}