Oil regulator to rationalise gas pipeline tariff by aligning transport cost

Oil regulator PNGRB is seeking to rationalise natural gas pipeline tariff structure so as to increase usage of environment-friendly fuel by aligning charges paid for transporting the fuel with the best global practices.

The Petroleum and Natural Gas Regulatory Board (PNGRB) is seeking bids for the appointment of consultants for the job, saying the government has envisaged ushering into a gas-based economy by increasing the share of the fuel in primary energy mix of the country from current level of about 6 per cent to 15 per cent by 2030.

This is to be done by increasing the availability of natural gas by enhancing domestic gas production, encouraging the import of Liquefied Natural Gas (LNG), completion of national gas pipeline grid (NGG) and speedier roll out of city gas distribution networks, it said.

Read more

You may also like

Comments are closed.