The Petroleum and Natural Gas Regulatory Board (PNGRB), on October 14, 2025, issued the Petroleum and Natural Gas Regulatory Board (Imbalance Management Services) Amendment Regulations, 2025, to further amend the Petroleum and Natural Gas Regulatory Board (Imbalance Management Services) Regulations, 2016.
The following amendment has been stated namely: -
• After sub-regulation (11) of regulation 4, which states, “Terms and conditions for providing imbalance management services” the following shall be inserted, namely: “(12) Notwithstanding anything contained in PNGRB (Access Code for Common Carrier or Contract Carrier Natural Gas Pipelines) Regulations, 2008 or any other regulations, the Escrow account shall be referred to as ‘Imbalance charges account’. The fund available in ‘Imbalance charges account’ shall be utilized in the manner and for the purposes as specified under Schedule-1 of these regulations.”
• After regulation 5, the following Schedule-I shall be inserted, namely: - Schedule-I, {see regulation 4(13)}
[Notification No. F. No. PNGRB/COM/2-NGPLTariff(11)/2021Vol-II (Part File) (E-5939)]
