India's Petroleum Reserves Can Last 74 Days Amid Global Turbulence: Oil Minister Puri

• Oil Minister Hardeep Singh Puri stated India's strategic petroleum reserve can meet demand for 74 days during global turbulence.
• India is the world’s third-largest consumer of crude oil and has the fourth-largest refining capacity (260 MMTPA, expanding to 320 MMTPA).
• The International Energy Agency (IEA) recommends a 90-day strategic petroleum reserve; India currently holds 74 days' worth.
• Reserves include crude in caverns (Andhra Pradesh, Karnataka, soon Odisha), refineries, and floating platforms.
• Indian Strategic Petroleum Reserve Limited (ISPRL) manages 5.33 MMT capacity, with 4.094 MMT currently stocked (77% capacity).