Archive · 1 Dec 2025
PNGRB Panel Proposes Reforms for Free Gas Market
A group of experts from the PNGRB has suggested big changes to make the natural gas market in India more open and competitive.
They want to make it easier for different companies to buy and sell gas, which they believe will make the market more transparent and attract more investment.
This could help India use more natural gas, which is seen as a cleaner energy option.
The experts also suggested creating a new system to manage gas pipelines and a website to book pipeline space in real-time.
They want to make it easier for companies to sell gas they don't need and to trade gas on exchanges.
They also proposed a way to include more renewable gas in the market.
All these changes are aimed at making the gas market work better and support India's shift to cleaner energy.
A PNGRB expert committee proposed sweeping reforms to create a free, competitive natural gas market in India.
The reforms aim to enhance transparency, spur investment, improve resource allocation, and deepen liquidity.
Proposed changes include creating a neutral ISO to manage pipeline capacity and a unified online platform for real-time capacity booking.
The committee recommended banning resale restrictions in RLNG contracts and shifting to entry-exit gas transportation tariffs.
The report also proposed a Renewable Gas Certificate (RGC) mechanism for compressed biogas to support decarbonisation efforts.
- Who
- A high-level expert committee set up by the Petroleum and Natural Gas Regulatory Board (PNGRB)
- What
- Proposed sweeping structural reforms to create a free, competitive natural gas market in India
- When
- Report published on November 30, 2025
- Where
- India
- Why
- To enhance transparency, spur investment, improve resource allocation, and deepen liquidity in the natural gas market
Proponents of Reforms
Government's Current Stance
Market Liberalization
Proponents of Reforms
Supports market-driven pricing and open access to enhance transparency and attract investment.
Government's Current Stance
Aims to raise gas share to 15% by 2030 but may have differing views on the extent of market liberalization.
- Committee Leader
- D K Sarraf
- Current Gas Share
- 6.2%
- Target Gas Share
- 15% by 2030
- Proposed ISO Role
- Manage pipeline capacity, system balancing, scheduling, and settlements
- Proposed Platform
- Unified online platform for real-time pipeline capacity booking
- Proposed Tariffs
- Shift from route-based to entry-exit gas transportation tariffs
- Proposed Mechanism
- Renewable Gas Certificate (RGC) for compressed biogas
Sources
PNGRB panel proposes sweeping reforms to unlock free gas market
PNGRB expert panel for sweeping reform to unlock free gas market
PNGRB Expert Panel Urges Competitive, Open-Access Gas Market
Power transmission needs competition
GAIL's tariff revision weighs on sentiment but CLSA sees correction as a 'strong buying' opportunity
