The current stocks of crude oil reserves in the country are two-thirds of the actual storage capacity, the government informed Rajya Sabha today.Answering a question on the total capacity of Strategic Petroleum Reserves currently available in the country and the quantity stored, Minister of State for Petroleum and Natural Gas Suresh Gopi said the current reserves were 64 percent of the storage capacity.Strategic reserves are meant to help the country sustain for nine-and-a-half days in the wake of a crisis.The government, through a Special Purpose Vehicle called Indian Strategic Petroleum Reserve Limited (ISPRL), has established Strategic Petroleum Reserves (SPR) facilities with a total capacity of 5.33 Million Metric Tonnes (MMT) of crude oil at three locations in Andhra Pradesh and Karnataka, which can act as buffer for short-term supply shocks.”Quantity of the crude available in the caverns varies depending on market conditions. Currently, ISPRL has around 3.372 MMT of crude stock available, which is around 64 percent of the total storage capacity. The actual reserve is a dynamic number depending on the stocks and actual consumption, both of which are not static,” the minister said.In July 2021, he government had also approved the establishment of two additional commercial-cum-strategic petroleum reserve facilities with a total storage capacity of 6.5 MMT in Odisha and Karnataka.To ensure security of crude supplies and mitigate the risk of dependence on crude oil from a single region, Oil and Gas Public Sector Enterprises (PSEs) source crude oil from diverse sources depending on their technical and commercial considerations. Currently, these enterprises import crude oil from 41 countries, including new suppliers like the US, Nigeria, Angola, Canada, Columbia, Brazil and Mexico in addition to traditional suppliers in the Middle East such as Iraq, Saudi Arabia, UAE, Kuwait and Qatar.