OIL RESERVE IN SALT CRAVEN Flashcards
REASERCH DONE BY
ENGINEERS INDIA
IN RAJASTHAN
……….IS THE LARGESTS EMERGENCY STRATEGIC
MAINLY STORES CRUDE OIL IN SALT CRAVEN
USA
US STRATEGIC OIL RESRVES HAS CUMULATIVE CAPACITY OF
727 MILLION BARALLES
ACCORDING TO
INTERNATIONAL EMERGY PROG. - TO HOLD EMERGENCY OIL STOCK UPTO
90 DAYS - NET OIL IMPORTS
THE CONCEPT OF STRAATEGIC RESERVES FIRST MOOTED IN
1973 - AFTER OPEC OIL CRISIS
WORLD THIRD LARGEST CONSUER OF CRUDE
INDIA
CURRENT INDIA CRUDE OIL STORAGE LOCATED IN
VISHAKHAPATANAM - AP
MANGALURU - KARNATAKA
PADUR - KARNATAKA
TWO ADDITONAL CRUDE OIL STORAGE ARE GONNA FACILITATE IN
CHANDIKHOL - ORISSA
PADUR - KARNATAKA
IN INDIA OIL IS STORED FOR ……DAYS
74 DAY
CRUDE OIL STORAGE IS MANAGE BY
INDIAN STRATEGIC PETROLEUM RESRVES LIMITED
TWO TYPES OF CRUDE OIL
BRENT - OPEC BASED
WTI - US BASED
OPEC FORMED IN
BAGDAD CONFERECE - 1960
OPEC FORMED BY
IRAN , IRAQ , KUWAIT , SA AND VENEZUELA
OPEC HEADQUATERED AT
VIENNA - AUSTRIA
AS OF 2020 THERE ARE —– MEMBER IN OPEC
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