Latest Petroleum and Natural Gas Regulatory Board News & Updates

New Delhi, April 17 (IANS) A high-level government committee, supported by the Petroleum and Natural Gas Regulatory Board (PNGRB), has recommended removing excise duty on Compressed Natural Gas (CNG) to lower prices and promote consumption of the green fuel to meet India’s target of achieving a 15 per cent share of natural gas in the fuel mix by 2030.The key recommendations include removing the 14 per cent excise duty to make CNG a more attractive fuel option and also lowering GST on CNG vehicle…

New Delhi, March 22 (IANS) The delivery of domestic LPG cylinders remains normal, panic bookings have come down, while the government has increased commercial LPG allocation to states, according to an update by the Ministry of Petroleum and Natural Gas on Sunday amid global disruptions due to the Middle East war.Educational institutions and hospitals have been prioritised, and around 50 per cent of the total commercial LPG allocation is going to these sectors. An additional 20 per cent commercia…

New Delhi, Dec 31 (IANS): The country’s largest city gas retailer, Indraprastha Gas Ltd, on Wednesday reduced the price of piped cooking gas supplied to households by Rs 0.70 per standard cubic metre (scm) in Delhi and NCR. The reduction in rates will be effective from January 1, the company announced in a post on X.”IGL has announced a substantial reduction in its domestic piped natural gas (PNG) prices this coming New Year for its consumers in Delhi and NCR by Rs 0.70 per standard cubic metr…