Now, government to lease strategic oil reserve space to private companies | India Business News – Times of India

Now, government to lease strategic oil reserve space to private companies | India Business News – Times of India

Strategic oil reserve space to private companies: The government has announced its plans to lease a portion of its Strategic Petroleum Reserve capacity to private oil companies. This decision comes after the budget eliminated a Rs 5,000-crore plan aimed at purchasing crude oil to fill the reserve, according to an official.According to ET, India currently…

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