REGULATORY · MARKET STRUCTURE · INDIA
India orders oil and gas data reporting
Change
India ordered oil and gas companies to submit detailed production, import, stock, and consumption data to the Petroleum Planning and Analysis Cell.
Why it matters
The Ministry of Petroleum and Natural Gas designated the Petroleum Planning and Analysis Cell (PPAC) to collect and analyse specified information. Covered firms include producers, refiners, importers and distributors. Required data fields include production, imports, stocks and consumption. Firms must submit the specified data at regular intervals under the government notification.
Implications
- · Affected firms must establish recurring reporting processes and data submission workflows.
- · IT, recordkeeping and internal audit routines will need alignment with centralized reporting schedules.
- · Regulatory monitoring and analysis of supply-chain information will be routed through PPAC.
- · Operational data access and storage will be consolidated under a single government-managed dataset.
Who is affected
- · Oil and gas producers
- · Refineries
- · Importers of petroleum and natural gas
- · Fuel distributors and marketers
Source
Topics
Law & Public Safety Regulatory Actions Compliance Energy & Power Oil & Gas