Wednesday, August 23, 2023

PNGRB re-evaluating performance bank guarantee rule

The current rule allows the downstream regulator to reduce the performance bank guarantees (PBG) required of city gas licensees to 40 per cent of the initial amount after they have completed their minimum work programme (MWP).

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/w1GPQMc

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