Kilambi News
Friday, October 23, 2026

India petroleum reserves

Latest level: 2026-03-23, from Ministry of Petroleum and Natural Gas written answer to Rajya Sabha Unstarred Question 3501.

India: government stockholding under the National system, administered by Indian Strategic Petroleum Reserves Limited (ISPRL), a special purpose vehicle of the Government of India under the Ministry of Petroleum and Natural Gas.

System
National
Holding model
government
Stockholding body
Indian Strategic Petroleum Reserves Limited (ISPRL), a special purpose vehicle of the Government of India under the Ministry of Petroleum and Natural Gas
Obligation
No statutory days obligation was stated in the official sources checked. Phase I capacity is 5.33 million tonnes, estimated at about 9.5 days of crude oil requirement; Phase II approval covers a further 6.5 million tonnes on a public private partnership basis
Reporting
irregular
Latest level
3.372 million tonnes
Level date
2026-03-23
Crude
3.4

Phase I sites are Visakhapatnam 1.33 million tonnes, Mangaluru 1.5 million tonnes and Padur 2.5 million tonnes. The March 2026 fill of 3.372 million tonnes was about 64 percent of the 5.33 million tonne capacity. PIB stated in 2021 that all Phase I facilities had been filled at that time; the 2026 parliamentary answer supersedes that statement for level purposes.

Last recorded action

2021-11-23: release of 5.0 million barrels. Government of India agreed to release 5 million barrels of crude from the Strategic Petroleum Reserves in parallel and in consultation with the United States, China, Japan and the Republic of Korea (Press Information Bureau). (source)

Recorded actions

DateActorTypeAnnounced (million barrels)Delivered (million barrels)StatusSource
2021-11-23India (Government of India)release5.0not statedcommittedPress Information Bureau, Ministry of Petroleum and Natural Gas, 23 November 2021

Level source: Ministry of Petroleum and Natural Gas written answer to Rajya Sabha Unstarred Question 3501. Record confidence: verified.