Current Affairs Agreements

ISPRL Signs MoU With ADNOC To Explore Storage of Crude Oil

Category : Agreements

 Indian Strategic Petroleum Reserves Ltd (ISPRL) signed a Memorandum of Understanding (MoU) in Abu Dhabi with the Abu Dhabi National Oil Company (ADNOC) to explore the possibility of storing ADNOC crude oil at ISPRL’s underground oil storage facility at Padur in Karnataka, which has a 2.5 million tonne capacity. The MoU was signed by Abdulla Salem Al Dhaheri, Director of Marketing, Sales and Trading at ADNOC and Mr. HPS Ahuja CEO & MD ISPRL on the sidelines of the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC).
Source- Press Information Bureau (PIB)


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