India signs initial pact to lease half of Padur storage to ADNOC

India signs initial pact to lease half of Padur storage to ADNOC
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13.11.2018

MOSCOW (MRC) - Abu Dhabi National Oil Co. (ADNOC) has signed a preliminary agreement to use half of the Padur strategic reserve facility in Southern India, which can store about 2.5 million tons or 18 million barrels of crude, ReutersВ said.Officials of Indian Strategic Petroleum Reserves Ltd (ISPRL) and ADNOC signed the memorandum of understanding in the presence of Indian Oil Minister D

Full article at mrcplast.com

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