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Petroleum and Natural Gas Regulatory Board Act (Act No. 19 of 2006).

Country/Territory
India
Document type
Legislation
Date
2006
Source
FAO, FAOLEX
Long title
An Act to provide for the establishment of Petroleum and Natural Gas Regulatory Board 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 to protect the interests of consumers and entities engaged in specified activities relating to petroleum, petroleum products and natural gas and to ensure uninterrupted and adequate supply of petroleum, petroleum products and natural gas in all parts of the country and to promote competitive markets and for matters connected therewith or incidental thereto.
Subject
Energy
Keyword
Natural gas Oil Institution Energy conservation/energy production Transport/storage International trade Dispute settlement Offences/penalties
Geographical area
Asia, Southern Asia
Abstract

This Act provides for the establishment of the Petroleum and Natural Gas Regulatory Board as a body corporate and defines its powers and functions. Functions of the board include: registering entities engaged in refining, processing, transportation, marketing, import and export, etc. of petroleum, petroleum products and natural gas; protecting the interests of consumers; levying fees and other charges; laying down technical and safety standards. For the purpose of the Act a Petroleum and Natural

Full text
English
Website
www.lexadin.nl