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India to build strategic petroleum reserves under Rs 1,150 crore plan

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By NewsGram Staff Writer

To secure India’s energy economy against supply and price fluctuations globally, an additional funding of over Rs.1,150 crore is being provided to Indian Strategic Petroleum Reserves Ltd. (ISPRL).

Through supplementary demands for grant presented to parliament earlier this week, union Finance Minister Arun Jaitley sought an allocation of Rs.1,153 crore for buying crude oil to fill the first strategic crude oil reserve being built at Visakhapatnam by ISPRL.

India plans for a strategic reserve that could hold up to 1.3 million tonnes of crude oil.

Under this plan, the government would set up a Strategic Crude Oil Storage of about 5.33 million tonnes at two other locations in the country — Mangalore (1.5 million tonnes) and Padur (2.5 million tonnes) in the first phase.

The Mangalore and Padur projects, both on the western coast of Karnataka, are nearly complete, awaiting pipeline connections from the nearest ports.

A second phase is also under planning, which seeks to create 12.5 million tonnes storage capacity at Padur, Chandikhol (Odisha), Bikaner (Rajasthan), and Rajkot (Gujarat).

While India currently imports about 80 percent of its oil requirements, the International Energy Agency predicts that by 2020, India could become the world’s largest oil importer.

The current slump in oil prices that have been in steady fall since the later half of last year is considered an opportune time to build up strategic oil reserves.

The India basket of crude oil fell this week to levels around $52 for a barrel of nearly 160 litres.

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Air Pollution From Oil and Gas Industries Visible From Space: Study

Air pollution from oil, gas production sites visible from space

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Oil gas industry
Researchers have seen a significant increase in the release of the lung-irritating air pollutant nitrogen dioxide and a more-than-doubling of the amount of gas flared into the atmosphere. Pixabay

Oil and gas production has doubled in some parts of the United States in the last two years, as researchers have seen a significant increase in the release of the lung-irritating air pollutant nitrogen dioxide and a more-than-doubling of the amount of gas flared into the atmosphere.

“We see the industry’s growing impact from space, we really are at the point where we can use satellite data to give feedback to companies and regulators, and see if they are successful in regulating emissions,” said study lead author Barbara Dix from University of Colorado Boulder in the US.

For the study, published in the journal Geophysical Research Letters, researchers set out to see if a suite of satellite-based instruments could help scientists understand more about nitrogen oxides pollution (including nitrogen dioxide) coming from engines in US oil and gas fields.

Combustion engines produce nitrogen oxides, which is a respiratory irritant and can lead to the formation of other types of harmful air pollutants, such as ground-level ozone, the research said.

Oil gas industry
On oil and gas drilling and production sites, there may be several small and large combustion engines, drilling, compressing gas, separating liquids and gases, and moving gas and oil through pipes and storage containers. Pixabay

According to the researchers, on oil and gas drilling and production sites, there may be several small and large combustion engines, drilling, compressing gas, separating liquids and gases, and moving gas and oil through pipes and storage containers.

The emissions of those engines are not controlled.

“Conventional ‘inventories’ meant to account for nitrogen oxides pollution from oil and gas sites are often very uncertain, underestimating or overestimating the pollutants,” said study co-author Joost de Gouw.

“And there are few sustained measurements of nitrogen oxides in many of the rural areas where oil and gas development often takes place,” Dix said.

So the research team turned to nitrogen dioxide data from the Ozone Monitoring Instrument (OMI) on board a NASA satellite and the Tropospheric Monitoring Instrument (TropOMI) on a European Space Agency satellite.

They also looked at gas flaring data from an instrument on the NOAA/NASA Suomi satellite system.

Between 2007 and 2019, across much of the US, nitrogen dioxide pollution levels dropped because of cleaner cars and power plants, the team found, confirming findings reported previously.

Also Read- Study Says, World’s Oceans Were Warmest in 2019

The clean air trend in satellite data was most obvious in urban areas of California, Washington and Oregon and in the eastern half of the continental US.

However, several areas stuck out with increased emissions of nitrogen dioxide: The Permian, Bakken and Eagle Ford oil and gas basins, in Texas and New Mexico, North Dakota, and Texas, respectively, the study said. (IANS)