What is PNGRB?
- Full Name: Petroleum and Natural Gas Regulatory Board.
- A statutory body established under the Petroleum and Natural Gas Regulatory Board Act, 2006.
- Established to:
- Protect consumer interests.
- Promote competition and fair trade.
- Ensure adequate and uninterrupted supply of petroleum and natural gas.
- PNGRB regulates refining, processing, storage, transportation, distribution, marketing and sale of petroleum, petroleum products and natural gas.
What does PNGRB NOT Regulate?
- Crude oil and natural gas production/exploration are outside the regulatory mandate of PNGRB.
Key Functions of PNGRB
- Pipelines: Authorises entities to lay, build, operate and expand petroleum and natural gas pipelines; can declare them as Common or Contract Carriers.
- City Gas Distribution (CGD): Authorises City/Local Natural Gas Distribution Networks supplying PNG and CNG.
- Competition & Consumer Protection: Promotes fair competition, regulates pipeline access and protects consumer interests.
- Safety Standards: Prescribes technical and safety standards for downstream petroleum and natural gas infrastructure.
| This concept has been discussed elaborately in the following article: PNGRB Authorises 1,800 km of LPG Pipeline Infrastructure |