On Feb 9, Minister Hardeep Puri mentioned a 74-day reserve, but now govt. sources are talking about only 25 days. The 74-day figure is calculated by combining the Total Capacity (Strategic Reserves + Refineries + Pipelines). The 25-day stock consists only of Commercial Crude & Refined oil that is available for immediate use. The Govt. has a plan not to increase prices and the search for alternative sources is ongoing.
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🚨 INDIA’S OIL MYSTERY: 74 DAYS OR 25 DAYS?
On Feb 9, Minister Hardeep Puri mentioned a 74-day reserve, but now govt. sources are talking about only 25 days.
The 74-day figure is calculated by combining the Total Capacity (Strategic Reserves + Refineries + Pipelines).
The 25-day stock consists only of Commercial Crude & Refined oil that is available for immediate use.
The Govt. has a plan not to increase prices and the search for alternative sources is ongoing.