 "NITI Aayog")
The draft energy policy of the government has proposed enlarging the regulatory ambit of Petroleum and Natural Gas Regulatory Board (PNGRB). The policy draft proposes extending the remit of PNGRB over "selected statutory aspects of the upstream business, including HSE, data collection, joint development of reservoirs in adjacent blocks, sharing of infrastructure and promotion of acreages".
Currently, PNGRB regulates certain aspects of the downstream business only, while the upstream sector is monitored by the directorate general of hydrocarbons (DGH). Both these organisations are not fully empowered to regulate the sectors. The draft, however, says, "The contract administration role of production
