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Govt plan to build oil reserves: Naik
Bangalore, Feb 01: Government is planning to build oil reserves to face any situation in the event of a war breaking out between US and Iraq, Union minister for petroleum and natural gas Ram Naik said today.
Bangalore, Feb 01: Government is planning to build oil reserves to face any situation in the event of a war breaking out between US and Iraq, Union minister for petroleum
and natural gas Ram Naik said today.
"The heavy cost is being estimated. It is under planning
at this stage," Naik told reporters, even as he said there was
no need for "any fear complex" that government was not ready
to face any eventuality.
Bureau Report