NASDAQ:AKBA 1 December 2025

June 10, 2026, 9:58 AM EDT. India's gas producers, including Oil India, ONGC, and Vedanta, seek a temporary regulatory waiver from the Petroleum and Natural Gas Regulatory Board (PNGRB) to connect pipeline networks in the Northeast. A gap of less than 100 metres between pipelines legally prevents linking, stranding about 14 million metric standard cubic metres per day (MMSCMD) of domestic gas. This unused supply forces reliance on costly imported LNG at $19-$20 per million British thermal units (mmbtu), draining an estimated ₹13 crore daily. The Northeast grid's underdeveloped infrastructure-only 392 km of 1,688 km authorized pipelines operational-limits gas flow, threatening India's energy security strategy, which anticipates ₹410 billion investment in regional gas infrastructure. A provisional approval could unlock 6-8 MMSCMD in six weeks, easing supply shortages, industry sources told the Economic Times.