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India Eyes Two New Sites to Expand Strategic Oil Reserves

State-controlled Indian Strategic Petroleum Reserves Ltd (ISPRL) is finalizing feasibility studies for two new strategic petroleum reserves facilities as the world’s third-largest crude oil importer…

  • India plans to build two new strategic petroleum reserve sites.
  • One facility to be constructed in Bikaner, Rajasthan.
  • Second site under assessment at Bina, Madhya Pradesh.

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