India, UAE may sign pacts on strategic petroleum reserves, LPG during PM visit
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๐ Summary:
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India and UAE are expected to sign two MoUs in LPG and Strategic Petroleum Reserves (SPR) during PM Modi''s UAE visit on May 15, 2026
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Context: Closure of the Strait of Hormuz amid the West Asia (Iran-Israel) war has triggered an Indian energy crisis and austerity measures
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UAE is India''s largest LPG source (~40% of imports) and 4th-largest crude supplier (~11% of crude needs)
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The SPR pact is expected to allow UAE''s ADNOC to store crude in Indian SPR caverns and supply during emergencies
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India''s SPRs, managed by ISPRL, hold ~5.33 million tonnes (~10 days of imports) across three caverns โ Vishakhapatnam, Mangalore, Padur
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Visit reflects deepening India-UAE energy diplomacy and India''s "Look West" / Gulf strategy under volatile geopolitics
๐ฏ UPSC Relevance: GS2 IR (India-UAE bilateral; West Asia/Gulf diplomacy); GS3 Energy security and resilience against oil-supply shocks.
๐ Prelims Facts:
- ISPRL (Indian Strategic Petroleum Reserves Limited) โ subsidiary of OIDB under MoPNG; manages India''s SPRs
- 3 SPR sites โ Vishakhapatnam (1.33 MT), Mangalore (1.5 MT), Padur (2.5 MT); total ~5.33 MT (~10 days of imports)
- IEA recommends 90 days of import cover; India has ~74 days total (SPR + commercial)
- Strait of Hormuz โ chokepoint between Persian Gulf and Gulf of Oman; ~20% of global oil and ~30% of global LNG traverses it
- UAE is a "GCC+" partner in I2U2 grouping (India, Israel, UAE, USA); also part of GCC
๐ Key Term: Strategic Petroleum Reserve (SPR) โ An emergency crude oil stockpile maintained in underground salt caverns to insulate a country from supply disruptions; mandatory for IEA member-aligned countries.
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