Question

The Petroleum and Natural Gas Regulatory Board was constituted under which Act?

• A. Petroleum Act, 1934
• B. PNGRB Act, 2006
• C. Oil Industry Act, 1962
• D. Oil Fields Act, 1948

Answer 1

Answer:

B. PNGRB Act, 2006

• PNGRB Act, 2006 • The Petroleum and Natural Gas Regulatory Board (PNGRB) was set up under the Petroleum and Natural Gas Regulatory Board Act, 2006. • Its primary purpose is to protect the interests of consumers and entities engaged in specified activities relating to petroleum, petroleum products, and natural gas.