Source: AIR Contents1 What is the News?2 What are Strategic Petroleum Reserves(SPR)?3 Who manages Strategic Petroleum Reserves(SPR)?4 Phase I of SPR Programme:5 Phase II of SPR Programme: What is the News? Under Phase II of the Strategic Petroleum Reserves Program, the Government has approved two additional commercial-cum-strategic facilities at Chandikhol (Odisha) and Padur (TN) under… Continue reading Govt approves two more new strategic oil reserves of capacity