Petroleum and Natural Gas Regulatory Board (India)

The Petroleum and Natural Gas Regulatory Board (PNGRB) is an Indian government agency responsible for regulating the refining, transportation, distribution, storage, and marketing of petroleum and natural gas. Its goal is to promote fair competition, ensure consumer safety, and develop infrastructure in the sector. By setting rules and issuing licenses, PNGRB helps ensure that energy resources are managed efficiently, prices are transparent, and the country’s energy needs are met sustainably. Essentially, it acts as a regulator to oversee and stabilize India’s oil and gas industry.