Investing.com -- India has directed state-run fuel retailers to expand their liquefied petroleum gas storage capacity to cover 30 days of demand, according to Sujata Sharma, a joint secretary in the federal oil ministry, who spoke on Friday.
The government is also working on increasing the country’s crude oil storage capacity, Sharma said.
The directive comes as India seeks to strengthen its energy security infrastructure. State-run fuel retailers will need to build additional storage facilities to meet the new requirement, which aims to ensure adequate supply during potential disruptions.
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