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Home Law & Policy

Petroleum and Natural Gas Regulatory Board

February 10, 2021
in Law & Policy
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Petroleum and Natural Gas Regulatory Board
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About PNGRB

  • Petroleum and Natural Gas Regulatory Board (PNGRB) under Ministry of Petroleum and Natural Gas
  • The Petroleum and Natural Gas Regulatory Board (PNGRB) was constituted under The Petroleum and Natural Gas Regulatory Board Act, 2006 notified via Gazette Notification dated 31st March, 2006.
  • The Act provides for the establishment of Petroleum and Natural Gas Regulatory Board to protect the interests of consumers and entities engaged in specified activities relating to petroleum, petroleum products and natural gas and to promote competitive markets and for matters connected therewith or incidental thereto.
  • The board has also been mandated to regulate the refining, processing, storage, transportation, distribution, marketing and sale of petroleum, petroleum products and natural gas excluding production of crude oil and natural gas so as 
  • To ensure uninterrupted and adequate supply of petroleum, petroleum products and natural gas in all parts of the country.
  • PNGRB authorises the CGD networks, natural gas and petroleum product pipelines, determines tariff, lays down the technical and safety standards etc.

 

Source: petroleum.nic.in
Tags: PIBPrelims

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