UPSC Prelims 2025 PYQ – Petroleum and Natural Gas Regulatory Board (PNGRB)
Q. Consider the following activities :
I. Production of crude oil
II. Refining, storage and distribution of petroleum
III. Marketing and sale of petroleum products
IV. Production of natural gas
How many of the above activities are regulated by the Petroleum and Natural Gas Regulatory Board in our country?
✅ Correct Answer: (b) Only two
Explanation:
Option I: Incorrect. Production of crude oil is not regulated by PNGRB.
Option II: ✅ Correct. Refining, storage and distribution of petroleum is regulated under the PNGRB Act, 2006.
Option III: ✅ Correct. Marketing and sale of petroleum products also come under PNGRB regulation.
Option IV: Incorrect. Production of natural gas is excluded from PNGRB’s mandate.
The PNGRB was established under the Petroleum and Natural Gas Regulatory Board Act, 2006 to protect consumer interests and promote competitive markets by regulating refining, processing, storage, transportation, distribution, marketing and sale of petroleum, petroleum products and natural gas — excluding production.