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Home India Petroleum and Natural Gas Regulatory Board Gazette In exercise of the powers conferred...
REGULATORY POLICY EXTRA ORDINARY

In exercise of the powers conferred by Section 61 of the Petroleum and Natural Gas Regulatory Board Act,

Date: 4th April 2024
Category: Extra Ordinary
New Delhi

Read or download the official PDF of this gazette notification issued by the Petroleum and Natural Gas Regulatory Board on 4th April 2024. Classified under Extra Ordinary.

Official Gazette Notification Text

Official Transcript

रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-04042024-253548 xxxGIDHxxx CG-DL-E-04042024-253548 xxxGIDExxx असाधारण EXTRAORDINARY भाग III—खण् ड 4 PART III—Section 4 प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 235] िई दिल्ली, बुधिार, अप्रलै 3, 2024/चत्रै 14, 1946 No. 235] NEW DELHI, WEDNESDAY, APRIL 3, 2024/CHAITRA 14, 1946 परे ोजलयम और प्राकृजतक गसै जिजियामक...

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  • The notification issued by the Petroleum and Natural Gas Regulatory Board (PNGRB) amends the Petroleum and Natural Gas Regulatory Board (Authorizing Entities to Lay, Build, Operate or Expand Petroleum and Petroleum Products Pipelines) Regulations, 2010.
  • The amendment removes the provision for mandatory tariff review by the Board every ten years, followed by fixation for a block of five years.
  • Regulation 7 of the Petroleum and Natural Gas Regulatory Board (Authorizing Entities to Lay, Build, Operate or Expand Petroleum and Petroleum Products Pipelines) Regulations, 2010 is amended.
  • Specifically, sub-regulation (1), clauses (a) and (b) are amended to remove the following words: 'The Board shall review the tariff after ten years and fix for a block of five years thereafter on prospective basis.'
  • The amendment comes into effect on the date of its publication in the official gazette, which is April 3, 2024.

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