Home India Ministry of Petroleum and Natural Gas In exercise of the powers conferred by section 61 of the Pet...
Date: 2018-03-26 Category: Extra Ordinary State: Union Government Country: India

In exercise of the powers conferred by section 61 of the Petroleum and Natural Gas Regulatory Board Act 2006

Issued by Ministry of Petroleum and Natural Gas · Not Applicable

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Executive Summary & Key Takeaways

Executive Summary: This notification from the Petroleum and Natural Gas Regulatory Board announces the "Petroleum and Natural Gas Regulatory Board Appointment of Consultants Amendment Regulations, 2018." It amends the 2007 regulations regarding the appointment of consultants. The regulations came into force on March 23, 2018, the date of their publication in the Official Gazette. Key Points / Main Content: * **General:** * These regulations are called the "Petroleum and Natural Gas Regulatory Board Appointment of Consultants Amendment Regulations, 2018." * These regulations came into force on March 23, 2018. * **Amendments to the 2007 Regulations:** * Regulation 17, subregulation 6, clause a: A proviso is added allowing the Board to extend the engagement period of an individual consultant beyond three years at its discretion. * Regulation 17, subregulation 6, clause c, subclause ii: The year "2012" is replaced with "2018". * Regulation 17, subregulation 6, clause j: The word "Board" is replaced with "Chairperson" after "obtain approval of." * **Schedule III (Lump sum monthly remuneration):** * Revised Consultant Levels and Remuneration: * Level I: ₹50,000 with a 10% annual increase. * Level II: ₹75,000 with a 10% annual increase. * Level III: ₹1,00,000 with a 10% annual increase. * Level IV: ₹1,10,000 with a 10% annual increase. * Level V: ₹1,30,000 with a 10% annual increase. Impact Analysis: Petroleum and Natural Gas Regulatory Board: * Impact: The Board now has the discretion to extend consultant engagement periods and the Chairperson's approval is required in certain matters. The remuneration schedule for consultants is updated. * Action Required: Implement the amended regulations, particularly regarding consultant appointments, extensions, approvals, and remuneration. Individual Consultants: * Impact: Potential for extended engagement periods beyond three years. Revised remuneration structure based on consultant level. * Action Required: Be aware of the revised remuneration structure and the possibility of extended engagement periods, contingent on the Board's discretion.

Key Entities Referenced

Petroleum and Natural Gas Regulatory Board: A regulatory body in India responsible for the petroleum and natural gas sector. New Delhi: The location where the notification was issued, New Delhi, Delhi. Petroleum and Natural Gas Regulatory Board Act, 2006: The legal act that confers powers to the Petroleum and Natural Gas Regulatory Board. Petroleum and Natural Gas Regulatory Board Appointment of Consultants Regulations, 2007: Regulations pertaining to the appointment of consultants by the Petroleum and Natural Gas Regulatory Board. Petroleum and Natural Gas Regulatory Board Appointment of Consultants Amendment Regulations, 2018: Amendments made in 2018 to the regulations concerning the appointment of consultants. Official Gazette: The official government publication where the regulations are published. Vandana Sharma: The Secretary who signed the notification. Mayapuri, New Delhi: Location of the Government of India Press for printing, Mayapuri, New Delhi, Delhi.
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L.-33004/99 vlk/kj.k EXTRAORDINARY Hkkx III—[k.M 4 PART III—Section 4 izkf/dkj ls izdkf'kr PUBLISHED BY AUTHORITY la- 117] ubZ fnYyh] lkseokj] ekpZ 26] 2018@pS=k 5] 1940 No. 117] NEW DELHI MONDAY, MARCH 26, 2018/CHAITRA 5, 1940 isVªksfy;e ,oa izkd`frd xSl fofu;ked cksMZ vf/klwpuk ub Z fnYyh] 23 ekp]Z 2018 फफफफाााा.... सससस.ंंंं एएएएसससस....(cid:1)(cid:1)(cid:1)(cid:1)शशशशाााा//// II/XI/2012.—पे(cid:3)ोिलयम और (cid:9)ाकृितक गैस िविनयामक अिधिनयम,,,, 2006 ((((2006 क(cid:14) 19 )))) क(cid:14) धारा 61 (cid:15)ारा (cid:9)द(cid:18) शि(cid:20)य(cid:21) का (cid:9)योग करते (cid:23)ए,,,, पे(cid:3)ोिलयम और (cid:9)ाकृितक गैस िविनयामक बोड (cid:27) एत(cid:28)ारा िन(cid:30)िलिखत िविनयम बनाता ह,,ै,, अथा(cid:27)त:् - 1. ससससििंंििंं(cid:7)(cid:7)(cid:7)(cid:7)(cid:8)(cid:8)(cid:8)(cid:8) शशशशीीीीषषषषकक(cid:11)(cid:11)कक(cid:11)(cid:11) औऔऔऔरररर (cid:1)(cid:1)(cid:1)(cid:1)ााााररररंंंंभभभभणणणण (1) इन िविनयम(cid:21) को "पे(cid:3)ोिलयम और (cid:9)ाकृितक गैस िनयामक बोड (cid:27) (परामश(cid:27)दाता$ क(cid:14) िनयुि(cid:20)) संशोधन िविनयम,,,, 2018"""" कहा जाएगा। (2) ये सरकारी राजप’ म (उनके (cid:9)काशन क(cid:14) तारीख से लागू ह(cid:21)गे। 2. पे(cid:3)ोिलयम और (cid:9)ाकृितक गैस िनयामक बोड(cid:27) (परामश(cid:27)दाता$ क(cid:14) िनयुि(cid:20)) िविनयम,,,, 2007 म(,,,, ———— (क) िविनयमन 17 म(cid:2) (i) उप-िविनयमन 6 म,(cid:2) अन(cid:4)ु छेद (क) म,(cid:2) िन(cid:9)िलिखत परंतुक को जोड़ा जाएगा नामत:— “बशत(cid:26) (cid:27)क बोड (cid:29) अपने िववके स े !ि"गत परामश(cid:29)दाता क$ िनयुि" को तीन वष (cid:29) स े आग े िव)ता*रत कर सकता ह”ै ; (ii) उप-िविनयमन 6 म,(cid:2) अनुछेद (ग) म,(cid:2) उप-अनुछेद (ii) म(cid:2) वष (cid:29)“2012 के िलए वष(cid:29) “2018” -ित)थािपत (cid:27)कया जाएगा; 1799 GI/2018 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC. 4] (iii) उप-िविनयमन 6 म,(cid:2) अनुछेद (ञ) म(cid:2), श/द "अनुमोदन -ा0 करेगा" के प1ात, "बोड(cid:29)" श/द को "अ2य3" से -ित)थािपत (cid:27)कया जाएगा; (ख) अनुसूची - III इस -कार से -ित)थािपत क$ जाएगी,नामत: ———— ““““अअअअननननससुुससुु चचूूचचूू ीीीी - III एएएएकककक मममम(cid:16)(cid:16)ुु(cid:16)(cid:16)ुु तततत ममममााााििििससससकककक पपपपाााा(cid:18)(cid:18)(cid:18)(cid:18)रररर(cid:19)(cid:19)(cid:19)(cid:19)ििििममममकककक (cid:1)(cid:1)(cid:1)(cid:1)िििि(cid:3)(cid:3)(cid:3)(cid:3)गगगगतततत ससससललललााााहहहहककककाााारररर ककककाााा (cid:13)(cid:13)(cid:13)(cid:13)ततततरररर IIII ```` 50,000 -4येक वष(cid:29) के पूरा होन े पर 10 -ितशत क$ वृि8 के साथ IIIIIIII ```` 75,000 -4येक वष(cid:29) के पूरा होन े पर 10 -ितशत क$ वृि8 के साथ ```` 1,00,000 -4येक वष(cid:29) के पूरा होन े पर 10 -ितशत क$ वृि8 के साथ IIIIIIIIIIII ```` 1,10,000 -4येक वष(cid:29) के पूरा होने पर 10 -ितशत क$ वृि8 के साथ IIIIVVVV ```` 1,30,000 -4येक वष(cid:29) के पूरा होने पर 10 -ितशत क$ वृि8 के साथ VVVV ““““ व9दना शमा(cid:29), सिचव [िव:ापन-III/4/असा./488/17 ] ------------------------------------------------------------------------------------------------------------------------- पपपपाााादददद (cid:18)(cid:18)(cid:18)(cid:18)टटटट(cid:22)(cid:22)(cid:22)(cid:22)पपपपणणणणीीीी :::: मूल िविनयम; को स.ं lk- dk- fu- 36 (अ) (cid:27)दनांक 30 नवबं र, 2007 के तहत अिधसूिचत (cid:27)कया गया और उसके बाद अिधसूचना [एफ सं. एस-एडिमन / II / XI / 2012] (cid:27)दनांक 10.04.2012 को संशोिधत (cid:27)कया गया। PETROLEUM AND NATURAL GAS REGULATORY BOARD NOTIFICATION New Delhi, the 23rd March, 2018 F. No. S-Admn/II/XI/2012—In exercise of the powers conferred by section 61 of the Petroleum and Natural Gas Regulatory Board Act, 2006 (Act 19 of 2006), the Petroleum and Natural Gas Regulatory Board hereby makes the following regulations, namely: – 1. Short title and commencement: - (1) These regulations may be called the Petroleum and Natural Gas Regulatory Board (Appointment of Consultants) Amendment Regulations, 2018.¹Hkkx IIIµ[k.M 4º Hkkjr dk jkti=k % vlk/kj.k 3 (2) These regulations shall come into force on the date of their publication in the Official Gazette. 2. In the Petroleum and Natural Gas Regulatory Board (Appointment of Consultants) Regulations, 2007, - (a) in regulation 17, in sub-regulation (6), - (i) in clause (a), the following proviso shall be added, namely: - “Provided that the Board in its discretion may extend the period for engagement of an individual consultant beyond three years”; (ii) in clause (c), in sub-clause (ii), for the year “2012”, the year “2018” shall be substituted; (iii) in clause (j), after the words “obtain approval of”, for the word “Board”, the word “Chairperson” shall be substituted; (b) for Schedule III, the following shall be substituted, namely: - “SCHEDULE III Level of Individual Lump sum monthly remuneration Consultant I ```` 50,000 with 10 per-cent increase on completion of each year II ```` 75,000 with 10 per-cent increase on completion of each year, III ```` 1,00,000 with 10 per-cent increase on completion of each year. IV ```` 1,10,000 with 10 per-cent increase on completion of each year. V ```` 1,30,000 with 10 per-cent increase on completion of each year. ” VANDANA SHARMA, Secy. [ADVT.III/4/Exty./488/17] Foot Note: Principal regulations were notified vide No. G.S.R.36(E) dated 30th November 2007 and subsequently amended vide notification [F.No.S-Admn/II/XI/2012] dated 10.04.2012. Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

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