Home India Petroleum and Natural Gas Regulatory Board In exercise of the powers conferred by Section 61 of the Pet...
Date: 2020-11-18 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

Issued by Petroleum and Natural Gas Regulatory Board · Not Applicable

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Executive Summary & Key Takeaways

**Summary:** This notification, issued by the Petroleum and Natural Gas Regulatory Board (PNGRB) on November 11, 2020, introduces the Petroleum and Natural Gas Regulatory Board Imbalance Management Services Second Amendment Regulations, 2020. These regulations amend the Petroleum and Natural Gas Regulatory Board Imbalance Management Services Regulations, 2016, in exercise of the powers conferred by Section 61 of the Petroleum and Natural Gas Regulatory Board Act, 2006 (19 of 2006). The key change involves substituting the date "31st October, 2020" with "30th November, 2020" in sub-regulation 2 of Regulation 1 of the 2016 Regulations. These amended regulations take effect upon publication in the Official Gazette. The principal regulations were initially notified on April 29, 2016, and subsequently amended on March 23, 2018, and June 19, 2020. The notification reference number is PNGRB/COM2/NGPL Tariff/22012/P/910. The Secretary, Vandana Sharma, signed the notification.

Key Entities Referenced

Petroleum and Natural Gas Regulatory Board: A regulatory body responsible for the petroleum and natural gas sector in India. Petroleum and Natural Gas Regulatory Board Act, 2006: The act of the Indian Parliament that established the Petroleum and Natural Gas Regulatory Board and defines its powers and functions. Petroleum and Natural Gas Regulatory Board Imbalance Management Services Regulation, 2016: A regulation issued by the Petroleum and Natural Gas Regulatory Board concerning imbalance management services. Petroleum and Natural Gas Regulatory Board Imbalance Management Services Second Amendment Regulations, 2020: An amendment to the 2016 regulation concerning imbalance management services. Section 61: Section 61 of the Petroleum and Natural Gas Regulatory Board Act, 2006, which confers powers to the Petroleum and Natural Gas Regulatory Board. New Delhi: The location where the notification was issued. New Delhi, is the capital of India. Vandana Sharma: Secretary who signed the notification. Government of India Press, Ring Road, Mayapuri, New Delhi 110064: The printing location of the gazette.
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-18112020-223171 xxxGIDHxxx CG-DL-E-18112020-223171 xxxGIDExxx असाधारण EXTRAORDINARY भाग III—खण् ड 4 PART III—Section 4 प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 500] िई दिल्ली, बुधिार, ििम्ब र 18, 2020/कार्तकड 27, 1942 No. 500] NEW DELHI, WEDNESDAY, NOVEMBER 18, 2020/KARTIKA 27, 1942 परे ोजलयम और प्राकृजतक गसै जिजियामक बोडड अजधसचू िा िई दिल्ली, 11 ििम् बर, 2020 स.ं पीएििीआरबी/िाजण./2/एििीपीएल प्रिल्ु क(2)/2012 (पी-910):—पेरोजलयम और प्राकृजतक गैस जिजियामक बोडड अजधजियम, 2006 (2006 का 19) की धारा 61 द्वारा प्रित्त िजियों का प्रयोग करते हुए पेरोजलयम और प्राकृजतक गैस जिजियामक बोडड (असंतलु ि प्रबंधि सेिाएं) जिजियम, 2016 को संिोजधत करिे के जलए पेरोजलयम और प्राकृजतक गैस जिजियामक बोडड एतिद्वारा जिम्नजलजखत जिजियम बिाता ह,ै िामतः :- 1. लघ ुिीर्कड एि ंप्रारंभण. (1) इि जिजियमों को पेरोजलयम और प्राकृजतक गैस जिजियामक बोडड (असंतलु ि प्रबंधि सेिाएं) जद्वतीय संिोधि जिजियम, 2020 कहा िाएगा। (2) ये िासकीय रािपत्र म ेंउिके प्रकािि की तारीख स ेप्रिृत्त होंग।े 2. पेरोजलयम और प्राकृजतक गैस जिजियामक बोडड (असंतलु ि प्रबंधि सेिाएं) जिजियम, 2016 में जिजियम 1 के उप जिजियम (2) में “31 अिूबर, 2020 की तारीख” के स्ट्थाि पर “30 ििम्बर, 2020” प्रजतस्ट्थाजपत की िाएगी। िन्ििा िमा,ड सजचि [जिज्ञापि.-III/4/असा./368/2020-21] 5601 GI/2020 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC. 4] पाि टिप्पणी: मूल जिजियम फा.स.ंपीएििीआरबी/एम(सी)/48, दििांक 29 अप्रैल, 2016 के अंतगडत अजधसजू चत दकए गए थे और तत्पश्चात फा.सं. पीएििीआरबी/एम(सी)/48, दििांक 23.3.2018 और फा.सं. पीएििीआरबी/ िाजण./2-एििीपीएल प्रिल्ु क(2)/2012, दििांक 19.6.2020 के माध्यम से संिोजधत दकए गए थे। PETROLEUM AND NATURAL GAS REGULATORY BOARD NOTIFICATION New Delhi, the 11th November, 2020 No. PNGRB/COM/2-NGPL Tariff(2)/2012(P-910):—In exercise of the powers conferred by Section 61 of the Petroleum and Natural Gas Regulatory Board Act, 2006 (19 of 2006), the Petroleum and Natural Gas Regulatory Board hereby makes the following regulations to amend the Petroleum and Natural Gas Regulatory Board (Imbalance Management Services) Regulation, 2016 namely:— 1. Short title and commencement. (1) These regulations may be called the Petroleum and Natural Gas Regulatory Board (Imbalance Management Services) Second Amendment Regulations, 2020. (2) They shall come into force on the date of their publication in the Official Gazette. 2. In the Petroleum and Natural Gas Regulatory Board (Imbalance Management Services) Regulations, 2016, sub-regulation (2) of Regulation 1, the date “31st October, 2020” shall be substituted by “30th November, 2020”. VANDANA SHARMA, Secy. [ADVT.-III/4/Exty./368/2020-21] Foot Note: Principal regulations were notified vide F.No. PNGRB/M(C)/48, dated 29th April, 2016, and subsequently, amended vide F.No. PNGRB/M(C)/48 dated 23.03.2018 and vide F.No. PNGRB/COM/2-NGPL Tariff (2)/2012 dated 19.06.2020. 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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