The Petroleum and Natural Gas Regulatory Board (PNGRB) has introduced new rules requiring prior approval for the development or expansion of liquefied natural gas (LNG) import terminals.
However, it has removed the requirement to allocate a portion of terminal capacity for third-party access.
This move aligns with the PNGRB aim to increase the share of natural gas in India’s energy mix to 15 per cent by 2030. The revised regulations aim to encourage competition and avoid redundant investments.