PNGRB sets up expert committee to review safety framework in oil and gas sector
The committee comprises six members and is headed by former HPCL chairman M B Lal. It will submit a report in three months. Earlier this month after a cyclone hit the southern coast, an oil leakage from Chennai Petroleum Corporation Ltd (CPCL) fa...
The committee comprises six members and is headed by former HPCL chairman M B Lal. It will submit a report in three months.
The committee will suggest a way forward to strengthen the technical and safety system in the oil and gas industry, the regulator said.
It will “examine regulatory regime, its modalities and domain of PNGRB to ensure safety and integrity of assets in the country’s downstream oil and gas sector as mandated under PNGRB Act, 2006,” the regulator said. It will also explore the inclusion of petrochemical plants in PNGRB’s domain.
Earlier this month after a cyclone hit the southern coast, an oil leakage from Chennai Petroleum Corporation Ltd (CPCL) facility at Ennore damaged hundreds of boats and affected the livelihood of several fishermen.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.