GAIL chief’s dissent note shows rift in PNGRB gas reform panel

GAIL chairman Sandeep Gupta has issued a formal dissent note on some of the key recommendations of the expert committee of the Petroleum and Natural Gas Regulatory Board (PNGRB), turning the panel into a battleground between the country’s largest gas marketer-transporter and major consumers such as Adani Total, NTPC and Torrent.

The committee, set up to recommend ways to expand domestic gas usage and deepen the market, has proposed sweeping reforms, including lifting restrictions on resale and destination in domestic LNG sale agreements;