India will make a provision in the Budget to fill up strategic reserves for crude, taking advantage of the falling global oil prices. The fall in oil prices to their lowest level in six years will help Finance Minister Arun Jaitley reap a fiscal windfall of billions of dollars when he presents his first annual Budget. India, the world´s No 4 crude consumer, is building storage facilities at three locations in the south of the country to hold a total 36.87 million barrels of oil.
FlashNews:
Are Projects facing a 90 percent barrier?
RAHSTA Forum sets the stage for groundbreaking discussions in roads infra
NBCC sells office/commercial space worth Rs. 14,800 Crore approx
RAHSTA Forum to kick off road and highway expo journey
Infrastructure Experts to Debate Viksit Bharat at Infrastructure Today Conclave in Delhi
Land Pooling Sinks under Flip Flops!
Gods or Demi-Gods cannot prevent a stampede
RAHSTA to showcase cutting-edge road construction tech, says NCC Director
RAHSTA will drive road construction innovation: Sundaresan
Trimble MD champions digital solutions for industry growth at RAHSTA
Vipin Sondhi: Indian infra booms with road construction opportunities
RK Pandey promotes safe road development at RAHSTA launch
RAHSTA to pave the way for innovation in road construction: AK Singh, NHAI
Road construction leaders launch RAHSTA Expo 2024 in Delhi
Road construction industry launches RAHSTA Expo 2024 in Delhi
Road construction industry to launch RAHSTA Expo 2024
Highways to Progress
We want to backward integrate to the maximum: TRSL
Embrace emerging financing architecture: IIFCL MD
Home » India to build up oil reserves
India to build up oil reserves
Oil & Gas
February 1, 2015February 1, 2015
Leave a Reply
You must be logged in to post a comment.