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Amended PNGRB Act to give legal teeth to petroleum sector regulators

Business Standard LogoBusiness Standard8h ago

Amended PNGRB Act to give legal teeth to petroleum sector regulators - Business Standard

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As a result, the ongoing tussle between PNGRB and aggrieved city gas distributors (CGDs) over the issue is soon feared to intensify after a lull.

A long-pending amendment to the Petroleum and Natural Gas Regulatory Board (PNGRB) Act, 2006, expected in the coming months, will give the sector regulator enough legal teeth to enforce its plan to reclassify natural gas pipelines as “common carriers”, a top PNGRB official told Business Standard.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-04 @ 23:30:39 (8 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 87 words

Reading Time: 1 minutes read

Sentences: 4 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22368797

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 331 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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