# ONGC to reserve half of Mangaluru oil storage for strategic reserves 2026-08-08T21:44:03+00:00 | Governance | Indian Opinion Desk Corroboration: 1 independent outlet ONGC will reserve half of its 1.75 MMT oil storage facility in Mangaluru for strategic petroleum reserves, Union Minister of State for Petroleum Suresh Gopi told the Rajya Sabha on Monday. The remaining capacity will be used for commercial operations, and the project is fully funded by the state-owned explorer. India’s current crude oil and petroleum product storage can meet 74 days of net crude import requirements, Gopi said. The government plans to build an additional 6.5 MMT capacity, including 4 MMT at Chandikhol in Odisha (with an estimated cost of Rs 9,000 crore) and at Padur in Karnataka. ## Coverage - thehindu.com Tags: Chandikhol, energy security, Mangaluru, ONGC, strategic petroleum reserve Canonical: https://indianopinion.org/ongc-to-reserve-half-of-mangaluru-oil-storage-for-strategic-reserves/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/ongc-to-reserve-half-of-mangaluru-oil-storage-for-strategic-reserves/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.