Gazette Tracker
Gazette Tracker

Core Purpose

Petroleum and Natural Gas Regulatory Board notification amending the PNGRB (Authorizing Entities to Lay, Build, Operate or Expand Petroleum and Petroleum Products Pipelines) Regulations, 2010, by omitting the ten-year tariff review provision in Regulation 7.

Detailed Summary

The Petroleum and Natural Gas Regulatory Board notification (F. No. PNGRB/Auth/3-PPPL(01)/2024 (E-4911), dated 28th March 2024), issued under Section 61 of the Petroleum and Natural Gas Regulatory Board Act, 2006 (19 of 2006), promulgates the Petroleum and Natural Gas Regulatory Board (Authorizing Entities to Lay, Build, Operate or Expand Petroleum and Petroleum Products Pipelines) Amendment Regulations, 2024, effective from the date of publication in the Official Gazette; it amends Regulation 7(1) of the 2010 Regulations by omitting, in both clause (a) and clause (b), the provision stating that the Board shall review the tariff after ten years and fix it for a block of five years thereafter on a prospective basis; a footnote records that the Principal Regulations were notified vide G.S.R. 722(E) dated 01/09/2010 and previously amended vide notifications dated 01/01/2015, 29.03.2016 and 18/12/2023.

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-04042024-253548 EXTRAORDINARY PART III—Section 4 PUBLISHED BY AUTHORITY No. 235] NEW DELHI, WEDNESDAY, APRIL 3, 2024/CHAITRA 14, 1946 2402 GI/2024 PETROLEUM AND NATURAL GAS REGULATORY BOARD NOTIFICATION New Delhi, the 28th March, 2024 F. No. PNGRB/Auth/3-PPPL (01)/2024 (E-4911)— In exercise of the powers conferred by Section 61 of the Petroleum and Natural Gas Regulatory Board Act, 2006 (19 of 2006), the Petroleum and Natural Gas Regulatory Board hereby makes the following regulations to further amend the Petroleum and Natural Gas Regulatory Board (Authorizing Entities to Lay, Build, Operate or Expand Petroleum and Petroleum Products Pipelines) Regulations, 2010, namely: - 1. Short title and commencement, - (1) These regulations may be called the Petroleum and Natural Gas Regulatory Board (Authorizing Entities to Lay, Build, Operate or Expand Petroleum and Petroleum Products Pipelines) Amendment Regulations, 2024. (2) They shall come into force on the date of their publication in the official Gazette. 2. In the Petroleum and Natural Gas Regulatory Board (Authorizing Entities to Lay, Build, Operate or Expand Petroleum and Petroleum Products Pipelines) Regulations, 2010, - a) in regulation (7),- (A) in sub-regulation (1),- I. in Clause (a),- (i) the words "The Board shall review the tariff after ten years and fix for a block of five years thereafter on prospective basis." shall be omitted and read as “*****”. II. in Clause (b),- (i) the words "The Board shall review the tariff after ten years and fix for a block of five years thereafter on prospective basis.” shall be omitted and read as “*****”. VANDANA SHARMA, Secy. [ADVT.-III/4/Exty./004/2024-25] Foot Note: The Principal regulations were notified vide G.S.R. 722(E), dated 01/09/2010 and subsequently amended vide F. No. L-MISC/VI/I/2007, dated 01/01/2015, F. No. VKS/DB/03/PPL, dated 29.03.2016 and F. No. PNGRB/Auth/3-PPPL(06)/2022 dated 18/12/2023. Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

Never miss important gazettes

Create a free account to save gazettes, add notes, and get email alerts for keywords you care about.

Sign Up Free