Petroleum and Natural Gas Regulatory Board (Authorizing Entities to Lay, Build, Operate or Expand Petroleum and Petroleum Products Pipelines) Amendment Regulations, 2024

Petroleum and Natural Gas Regulatory Board on 28th March, 2024 has issued the Petroleum and Natural Gas Regulatory Board (Authorizing Entities to Lay, Build, Operate or Expand Petroleum and Petroleum Products Pipelines) Amendment Regulations, 2024.

The amendment has removed the requirement for the Board shall review the tariff of petroleum products once every ten years and fix for a block of five years thereafter on prospective basis.

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