New pipeline tariff, authorisation policy to push for higher share of gas in energy basket

In a bid to raise the share of natural gas in the energy basket, India will soon have a new tariff policy that will help bring down the cost of transporting the environment friendly fuel.

Also, oil regulator PNGRB is working on a new regime for authorisation of gas pipelines that will make it more investor friendly.

Speaking at the launch of nation’s maiden online gas trading platform by IGX, both Oil Minister Dharmendra Pradhan and regulator PNGRB Chairman Dinesh Kumar Sarraf spoke of a new pipeline tariff policy that will replace existing practice of seven different pipeline operators charging separate rates and customers away from gas source paying more than those nearer to source.