Who is the new Chairman of Petroleum and Natural Gas Regulatory Board (PNGRB)?
VerifiedAnswer: Dinesh K Sarraf
Explanation:
Dinesh K Sarraf has been appointed as the new Chairman of the Petroleum and Natural Gas Regulatory Board (PNGRB). This appointment marks an important development in India's petroleum and natural gas sector regulation. Sarraf brings extensive experience from the oil and gas industry to this crucial regulatory position.
The PNGRB serves as India's primary regulatory body for the petroleum and natural gas sector. Established under the Petroleum and Natural Gas Regulatory Board Act, 2006, this organization plays a vital role in ensuring fair trade practices, protecting consumer interests, and promoting competitive markets in the oil and gas industry. The board regulates various aspects including refining, processing, storage, transportation, distribution, marketing, and sale of petroleum and natural gas products.
As Chairman, Sarraf will oversee critical functions such as regulating pipeline infrastructure development, ensuring transparent pricing mechanisms, and facilitating fair access to pipeline networks for all market participants. The role involves making strategic decisions that impact both industry players and consumers across the country.
The appointment comes at a time when India is focusing on expanding its gas infrastructure and increasing the share of natural gas in the country's energy mix. Under Sarraf's leadership, the PNGRB is expected to play a key role in supporting India's energy transition goals and ensuring robust regulatory oversight of the rapidly evolving petroleum and natural gas sector.
