STRATEGIC STORAGE OF IMPORTED CRUDE OIL
Being highly dependent on imported oils to meet demands, India is vulnerable to supply disruptions in the international markets. Emergency oil stocks are a powerful and direct defence against such disruption in supply. Engineers India Limited has played an important role in creating strategic storage facilities for imported crude oil in the country. These stocks not only ensure un-interrupted supply during emergency but also serve as a deterrent to economic fluctuations-led supply disruptions and form a key tool of foreign policy.