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INDIA’S GAS-BASED ECONOMY:A BRIDGE TO A TRANSITION OR A GATEWAY TO ENERGY INSECURITY?IMAGE CREDITS- ONGC, HAZIRA.

INDIA’S GAS-BASED ECONOMY: A BRIDGE TO A TRANSITION OR A GATEWAY TO ENERGY INSECURITY?

Until the mid-twentieth century, natural gas was mostly treated as a by-product of crude oil and “flared” (burned as a waste product) during the recovery of the latter.[1]  Restricted to meeting the lighting needs of the local community,…
FLOATING OIL-STORAGE AND ITS IMPLICATIONS ON INDIA’S ENERGY SECURITY: PART-2

FLOATING OIL-STORAGE AND ITS IMPLICATIONS ON INDIA’S ENERGY SECURITY: PART-2

This is the concluding segment of a two-part article — published online by the National Maritime Foundation (NMF) on successive days — which seeks to analyse the manner in which the intersection of two extraordinary events, namely, the COVID-19…

FLOATING OIL-STORAGE AND ITS IMPLICATIONS ON INDIA’S ENERGY SECURITY — PART-1

The two parts over which this article has been penned seek to analyse the manner in which the intersection of two extraordinary events — the COVID-19 pandemic and the oil-price war between Saudi Arabia and Russia — produced a sequence of…

CRUDE-OIL STORAGE IN AN ERA OF PLENTY- Part 2: LESSONS FROM THE USA’s STRATEGIC PETROLEUM RESERVE

 This is the second in an ongoing series of articles by the author on issues relevant to the strategic storage of crude oil.   Part 1 had focussed the reader’s attention upon the prevailing state of India’s Strategic Petroleum Reserve…

CRUDE-OIL STORAGE IN AN ERA OF PLENTY: Part 1: INDIA’S STRATEGIC PETROLEUM RESERVES

Abstract      Excess crude oil in the global market, coupled with the drastic reduction of consumption in the wake of the COVID-19 pandemic and the resultant curtailment of seaborne transport, have led to a phenomenon hitherto unseen in…

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