Petroleum and Natural Gas Regulatory Board Current Affairs - 2019

Category Wise PDF Compilations available at This Link

National Gas Grid

The Union Government has envisaged the development of the National Gas Grid. The government is implementing various projects of about 14,239 Km gas pipelines which would add to the existing 16,788 Km natural gas pipeline.

Authorisation Authority

Under the Petroleum and Natural Gas Regulatory Board Act, 2006 Petroleum and Natural Gas Regulatory Board (PNGRB) has been recognised as the authority to grant authorization to the entities for the development of City Gas Distribution (CGD) network in Geographical Areas.

Petroleum and Natural Gas Regulatory Board identifies the geographical areas for authorizing the development of the CGD network in synchronization with the development of natural gas pipeline connectivity/ natural gas availability.

Objectives of the National Gas Grid

The objectives of the National Gas Grid are:

  • To remove regional imbalance within the country with regard to access for natural gas and provide clean and green fuel throughout the country.
  • To connect gas sources to major demand centres and ensure availability of gas to consumers in various sectors.
  • Development of City Gas Distribution Networks in various cities for the supply of CNG and PNG.

The National Gas Grid together with providing gas connections to households will provide better infrastructure for automobiles using gas. The National Gas Grid will also aid in renewing of the fertilizer sector and also give a boost to the Power and Automotive sector.

Month: Categories: Business, Economy & BankingUPSC

Tags:

Dinesh K Sarraf appointed as Chairman of PNGRB

The Appointments Committee of the Cabinet (ACC) has appointed former CMD of ONGC Dinesh K Sarraf (60) as new Chairman of Petroleum and Natural Gas Regulatory Board (PNGRB). He replaces S Krishnan, who had demitted office in August 2015.

Besides, ACC also appointed S Rath, former director (exploration) of Oil India Ltd (OIL) as member of PNGRB. S S Chahar, former member of Cyber Appellate Tribunal was also appointed Member (Legal), PNGRB. They will have 5-year term or till the age of 65, whichever is earlier.

Petroleum and Natural Gas Regulatory Board (PNGRB)

PNGRB was established in 2006 under Petroleum and Natural Gas Regulatory Board Act, 2006. Its mandate is to regulate refining, transport and marketing of petroleum products. It also ensures enough supply across country, foster fair trade, protect consumer interest and authorise companies that will build and operate fuel pipelines.

The PNGRB consists of Chairperson, a Member (Legal) and three other members.  It also has power of civil court and bench comprising member (legal) and one or more members nominated by chairperson which decides on disputes arising among downstream companies or with outsiders.

Month: Categories: National

Tags: