Regulatory Chaos: Global majors demand clarity – 6 May 2025

It looks like India’s gas dream is in Jeopardy as global companies blast regulatory 'Fantasy'.

Are India's gas regulations uut of touch with reality?

For, two of the largest global companies in the world, both having pumped in billions of dollars into the Indian gas business, have pointed out gross anomalies on regulations floated by the PNGRB.

So much so that the regulator's effort looks childish and impetuous in its scope and bandwidth

And this also shows how increasingly frustrating the regulator can be for those who have put in serious money into the Indian gas busienss