PM pushes for enhancing storage facilities for crude
Hindustan Times|October 21, 2021
In a meeting with global oil CEOs, Modi said that the focus has shifted to production maximization

NEW DELHI: Prime Minister Narendra Modi on Wednesday called for enhancing storage facilities for crude oil during a virtual meeting with chief executives of global oil companies.

Those who attended the meeting included Amin Nasser, president and CEO of the world's biggest oil producer Saudi Arabian Oil Co, Russia's OAO Rosneft chairman and CEO Igor Sechin and London-based BP Plc CEO Bernard Looney.

"Talking about the oil sector, he said that the focus has shifted from 'revenue' to 'production' maximization. He also spoke about the need to enhance storage facilities for crude oil," the Prime Minister's Office said in a statement.

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