𝗣𝗡𝗚𝗥𝗕 𝗨𝗿𝗴𝗲𝘀 𝗢𝗶𝗹 𝗔𝗻𝗱 𝗚𝗮𝘀 𝗙𝗶𝗿𝗺𝘀 𝗧𝗼 𝗜𝗺𝗽𝗿𝗼𝘃𝗲 𝗔𝗰𝗰𝗶𝗱𝗲𝗻𝘁 𝗖𝗼𝗺𝗽𝗲𝗻𝘀𝗮𝘁𝗶𝗼𝗻
The Petroleum and Natural Gas Regulatory Board (PNGRB) wants oil and gas companies to increase compensation for accident victims. The regulator asks companies to provide more money than the law requires. This support targets families of workers who die or suffer permanent disabilities.
Current industry facts:
- Many companies already increased voluntary pay packages.
- Some companies have not updated their compensation rules.
- Voluntary payouts differ across the industry.
- Many affected workers are the sole earners for their families.
- PNGRB lists company compensation policies on its website.
- The regulator divides these policies into five groups.
PNGRB aims to create transparency by publishing these policies online. This action encourages companies to match industry standards. The regulator also wants companies to improve safety measures.
Safety goals include:
- Better supervision.
- Improved training.
- Increased worker competency.
- Reaching zero accidents in the sector.
PNGRB will continue to follow up with companies to ensure fair compensation for contract workers.
Source: The Times of India