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India gets 1st parcel of Iran oil for strategic storage

 PTI |  2016-10-13 21:50:19.0  |  New Delhi

India has imported the first parcel of Iranian oil to partly fill the underground strategic oil storage it has built at Mangalore. “Mangalore Refinery and Petrochemicals Ltd (MRPL) received the first parcel of crude oil for delivery into the Mangalore cavern of Indian Strategic Petroleum Reserves Ltd (ISPRL),” the company said in a statement. The first parcel of 260,000 tons of Iran Mix crude was received in very large crude carrier (VLCC), MT DINO. The crude is being pumped into the underground Mangalore cavern for testing the facilities, it said. India has built 5.33 million tons of strategic crude oil storages at Vishakhapatnam, Mangalore and Padur (Near Udupi) in Karnataka.

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