Dharmendra Pradhan: UAE to store 6 million barrel crude oil in ISPR
Updated:8 years, 1 month ago
Abu Dhabi (UAE), May 12 (ANI): Union Minister of Petroleum and Natural Gas, Dharmendra Pradhan in response to the first consignment of ADNOC crude oil for Indian Strategic Petroleum Reserve (ISPR) on Saturday said, “This is a 7-year agreement. It is in the interest of both the nations. UAE will make a presence in Indian markets and the oil will be stored safely in our nation.” He further added that, “Leaders of both nations had decided to strengthen their strategic partnership. For the 1st time UAE has decided to store 6 million barrels of oil in strategic storage. Such engagement is taking our relations to a new height.”
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