Home India Ministry of Environment, Forest and Climate Change Draft Amendments to Petroleum and Natural Gas Regulatory Boa...
Date: 2025-10-24 Category: Not Applicable State: Union Government Country: India

Draft Amendments to Petroleum and Natural Gas Regulatory Board (Eligibility Conditions for Registration of Liquefied Natural Gas Terminal) Rules, 2012

Issued by Ministry of Environment, Forest and Climate Change · Central Pollution Control Board

Research with AI Agent Chat with Document Generate Summary Translate Helpful Share Add to Project Create Task

Executive Summary & Key Takeaways

**Executive Summary** This Public Notice, dated 24th October 2025, from the Ministry of Petroleum and Natural Gas, announces a public consultation on proposed amendments to the Petroleum and Natural Gas Regulatory Board (Eligibility Conditions for Registration of Liquefied Natural Gas Terminal) Rules, 2012. Stakeholders are invited to submit comments within 30 days of the notice issue date to sogp2.png@nic.in. The proposed amendments aim to update the eligibility conditions for LNG terminal registration. **Key Points / Main Content** * **Amendments to Rules:** * The Ministry intends to amend rules pertaining to Eligibility Conditions for Registration of Liquefied Natural Gas Terminals. * Draft amendments to the Petroleum and Natural Gas Regulatory Board (Eligibility Conditions for Registration of Liquefied Natural Gas Terminal) Rules, 2012, have been prepared. * **Short Title, Application, and Commencement:** * The amended rules will be called the Petroleum and Natural Gas Regulatory Board (Eligibility Conditions for Registration of Liquefied Natural Gas Terminal) (Amendment) Rules, 2025. * The rules will come into force on the date of their publication in the Official Gazette. * **Definitions:** * "Act" refers to the Petroleum and Natural Gas Regulatory Board Act, 2006. * "Board" refers to the Petroleum and Natural Gas Regulatory Board as defined in the Act. * Other terms used in the rules shall have the meanings assigned to them in the Act. * **Eligibility Conditions for Registration:** * Any entity wishing to establish or operate an LNG terminal for import after the establishment of the Petroleum and Natural Gas Regulatory Board must fulfil specific conditions for registration. * The entity or its parent company or its promoters must have a minimum net worth of Rs 1500 crores or more in each of the preceding 3 financial years, based on audited financial statements. * The entity or its parent company or its promoters must have experience in either: * Undertaking and completing at least one infrastructure project of more than 1000 crores rupees in the preceding 5 years, or * Successfully building and operating a hydrocarbon project of more than 600 crores in the preceding 5 years. * Entities seeking registration to operate LNG terminals must have a credible plan for maintaining storage capacity for LNG, which shall be ten percent higher than the requirement for day to day operations. The capacity stored shall be made available as per the directions of the Central Government. * Entities operating an LNG Terminal before the establishment of the Board must furnish details of all such LNG terminals in operation to the Board before the appointed date. **Impact Analysis** **Stakeholders: Entities Desirous of Establishing or Operating LNG Terminals** * **Impact**: Affected by the revised eligibility criteria for registering liquefied natural gas (LNG) terminals, as they must now meet amended financial and experience requirements. * **Action Required**: Review the updated eligibility conditions, assess their compliance status, and furnish comments on the proposed amendments to the Ministry of Petroleum and Natural Gas within 30 days of the notice issue date. Entities operating an LNG terminal before the establishment of the Board must furnish details of all such LNG terminals in operation to the Board before the appointed date. **Stakeholders: Petroleum and Natural Gas Regulatory Board** * **Impact**: Responsible for implementing and enforcing the amended rules related to the registration of LNG terminals. * **Action Required**: Consider the comments received during the public consultation, finalize the amended rules, and establish a process for entities to furnish details of LNG terminals in operation before the establishment of the Board. **Stakeholders: Consumers of Natural Gas** * **Impact**: Indirectly impacted by changes to the eligibility conditions for LNG terminals. The changes might affect the transparency and capacity of LNG terminals, and the availability of natural gas in the country. * **Action Required**: No immediate action required, but monitor updates to the rules and how they may impact the cost and availability of natural gas.

Key Entities Referenced

Petroleum and Natural Gas Regulatory Board (Eligibility Conditions for Registration of Liquefied Natural Gas Terminal) Rules, 2012: The existing rules being amended by the draft notification, pertaining to eligibility conditions for registering liquefied natural gas terminals. Petroleum and Natural Gas Regulatory Board Act, 2006: The Act that establishes the Petroleum and Natural Gas Regulatory Board and governs its functions. Petroleum and Natural Gas Regulatory Board: The regulatory body responsible for overseeing the petroleum and natural gas sector, referenced in the amendments. Ministry of Petroleum and Natural Gas: The Ministry proposing the amendments to the rules.
Official Source Record View Original Source →
See Full Document Text
Public Consultation Documents File No. L-16013/4/2025-GP-I (E:54163) Government of India Ministry of Petroleum and Natural Gas *** Kartavya Bhawan-03, New Delhi. Dated: 24th October, 2025. PUBLIC NOTICE Sub: Public Consultation on proposed Amendments to Petroleum and Natural Gas Regulatory Board (Eligibility Conditions for Registration of Liquefied Natural Gas Terminal) Rules, 2012. It is to inform that this Ministry intends to amend the rules pertaining to Eligibility Conditions for Registration of Liquefied Natural Gas Terminal. Accordingly, draft Amendments to Petroleum and Natural Gas Regulatory Board (Eligibility Conditions for Registration of Liquefied Natural Gas Terminal) Rules, 2012 has been prepared. A copy of the same is attached herewith. 2. In this regard, all the stakeholders are requested to furnish comments, if any, within 30 days of issue of this communication on sogp2.png@nic.in.DRAFT [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (iii)] Government of India Ministry of Petroleum and Natural gas Notification G S R ...............(E)- Whereas the growing energy needs and demand for natural gas in country necessitates the expansion of liquefied natural gas terminals in view of the limited domestic gas production; And whereas to protect consumer interests, liquefied natural gas terminals must be subject to commercial transparency and committed to provide capacity to any consumer who desires to import gas into the country; And whereas there is a need to ensure a balance between freedoms to operate such liquefied natural gas terminals, as well as equitable access and transparency in their operations in the larger public interest, so as to foster higher availability of liquefied natural gas in the country; And whereas clause (b) of section 11 of the Petroleum and Natural Gas Regulatory Board Act, 2006 (19 or 2006) empowers the Board to register the entities desirous of establishing or operating the liquefied natural gas terminals; And whereas sub-section (1) of section 15 of the said Act envisages that the entities, desirous of establishing or operating liquefied natural gas terminals, need to fulfil the eligibility conditions before making an application to the Petroleum and Natural Gas Regulatory Board for their registration under the said Act; Now, therefore, in exercise of the powers conferred by sub-section (l) of section 15 read with clause (e) of sub-section (2) of section 60 of the said Act, the Central Government hereby amends the following rules, namely:- Short title, application and commencement: - (1) These Rules may be called the Petroleum and Natural Gas Regulatory Board (Eligibility Conditions for Registration of Liquefied Natural Gas Terminal) (Amendment) Rules, 2025. (2) These rules shall come into force on the date of their publication in the Official Gazette.DRAFT 2. Definitions - In these rules, unless the. context otherwise requires, a. "Act" means the Petroleum and Natural Gas Regulatory Board Act, 2006: b. "Board" means the Petroleum and Natural Gay Regulatory Board defined in clause (f) of section 2 and established under sub-section (1) of section 3 of the Act; c. All other words and expressions used in these rules and not defined, but defined in the Act, shall have the meanings, respectively, assigned to them in the Act. 3. Eligibility conditions for registration: - (I) Any entity desirous of establishing or operating a liquefied natural gas terminal for import of LNG after the date of establishment of the Petroleum and Natural Gas Regulatory Board under sub-section (1) of section 3 of the Act, shall be eligible to make an application for registration to the Board, only on fulfilment of the following conditions, namely:- (a) entity or its parent company or its promoters has a minimum net worth of Rs 1500 crores or more in each of the preceding 3 financial years as per the audited financial statements; and (b) The entity or its parent company or its promoters shall have experience in either of the following – (i) entity on its own or a through Joint Venture has successfully undertaken and completed at least one infrastructure project of more than 1000 crores rupees in preceding 5 years; or (ii) entity on its own or through a Joint Venture has successfully built and operated a hydrocarbon project of more than 600 crores in the preceding 5 years. Provided that an entity seeking registration to operate LNG terminal in addition to the conditions prescribed at (a) and (b) shall also have a credible plan for maintaining the storage capacity for LNG. This storage capacity shall be ten percent higher than the requirement for day to day operations of the terminal pertaining to re-gas activity. Further, the capacity stored shall be made available as per the directions of the Central Government as and when desired. Further, provided that any entity operating an LNG Terminal before the establishment of the Petroleum and Natural Gas Regulatory Board under sub-section (1) of section 3 of the Act, shall furnish the details of all such LNG terminals being in operation before the appointed date to the Board in such form and manner as prescribed by Regulation. ****

Continue your research