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Petroleum & Natural Gas Regulatory Board (PNGRB)

India

Address: PNGRB, First Floor, World Trade Centre, Babar Road, New Delhi - 110 001, India

Tel: +91 011- 23457700 / 23457744 / 23457751

Web: www.pngrb.gov.in

Company description

The Petroleum and Natural Gas Regulatory Board (PNGRB) was constituted in 2006, to protect the interests of consumers and entities engaged in specified activities relating to petroleum, petroleum products, and natural gas in India—and to promote competitive markets, and handle matters connected therewith or incidental thereto. Further, as enshrined in the act, the board has 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 and to ensure uninterrupted and adequate supply of petroleum, petroleum products and natural gas in all parts of the country.

Products and services

Amongst other activities, the Board shall:(a) protect the interest of consumers by fostering fair trade and competition amongst the entities;(b) register entities to-(i) market notified petroleum and petroleum products and, subject to the contractual obligations of the Central Government, natural gas;(ii) establish and operate liquefied natural gas terminals;(iii) establish storage facilities for petroleum, petroleum products or natural gas exceeding such capacity as may be specified by regulations
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