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India proposes civil penalties for petroleum licence breaches, retains safety-related

Based on · First reported

India proposes civil penalties for petroleum licence breaches, retains safety-related
Image: economictimes.indiatimes.com
  • The Ministry of Petroleum and Natural Gas has issued a draft amendment to the Petroleum Act, 1934 that decriminalises regulatory breaches such as violations of petroleum licence terms and invites public and industry comments.
  • The proposal introduces a civil‑penalty regime allowing an adjudicating officer to levy up to Rs 2.5 crore for a first breach and up to Rs 5 crore for subsequent breaches, while maintaining criminal liability for breaches that endanger public safety or cause grievous injury or death, and adds imprisonment of up to ten years for damage to designated critical petroleum infrastructure.
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