Oil regulator issues force majeure guidelines for city gas operators

Oil regulator PNGRB has issued a fresh set of force majeure guidelines, listing events such as riots, natural disasters, and restrictions by the government as conditions for allowing more time to complete city gas rollout obligations.

The Petroleum and Natural Gas Regulatory Board (PNGRB) in a notice on September 2 detailed the procedure for considering force majeure claims of the city gas distribution (CGD) entities for a time extension.

Force majeure conditions, it said, include war/hostilities, major riots or civil commotion, natural calamities such as earthquake and floods, and “restrictions imposed by central or state government” that prevent or delay project execution.