April 17, 2012. India is considering quadrupling the size of strategic crude oil stockpile it is building as insurance against supply disruption. India is currently building 5.33 million tonnes of storages at Vishkhapatnam, Mangalore and Padur by 2013 and has now initiated studies to construct space to store an additional 12.5 million tonnes of strategic reserves. Additional storage of 5 million tonnes was being considered at Padur in Karnataka and 2.5 million tonnes each at Chandikhol in Odisha, Rajkot in Gujarat and Bikaner in Rajasthan. The 12.5 million tonnes of stockpile would be build would take at least 4-5 years to build. The Strategic Crude Oil Reserves are meant to take care of oil security concerns of the country and could be released to meet contingencies arising out of supply disruptions and cushion abnormal increase in prices.