In its seventh report tabled in the Lok Sabha, the Standing Committee on Petroleum and Natural Gas (2025–26), examining demands for grants for FY 2026–27, strongly urged the ministry to make “every possible effort to achieve the global standard of maintaining 90 days of crude oil storage within the country for strengthening the nation’s energy security and safeguarding the economy against potential supply shocks and external uncertainties”.

Udit Bubna reports for ThePrint