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India hopes to finalise partners for strategic oil reserves within a year

Updated : October 15, 2018 12:59 PM IST

India hopes to forge partnerships with private players to build out its strategic petroleum reserves within the coming year, the head of Indian Strategic Petroleum Reserves Ltd (ISPRL) said on Monday.
India's government approved two strategic petroleum reserve (SPR) sites with a total capacity of 6.5 million tonnes in June.
India hopes to finalise partners for strategic oil reserves within a year
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