UAE to store up to 30 mn barrels of crude in India's reserves after PM Modi's visit

Ankit Tiwari, Published on May 15th, 2026

UAE to store up to 30 mn barrels of crude in India's reserves after PM Modi's visit

Pacts on strategic petroleum reserves signed during PM Narendra Modi's visit to the UAE include a potential increase of state-owned Abu Dhabi National Oil Company (ADNOC)'s ​crude oil storage in India for up to 30 million barrels. The deal also explores potential crude storage in the UAE's Fujairah as part of India's strategic reserve, Reuters reported.

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