Indian Gas Exchange Limited has traded 4.7 million metric British thermal units (mmBtu) natural gas in August 2024. It has increased by 15 per cent on month on month basis as compared to July 2024.
Besides, there were 96 trades carried out in July 2024 comprising 27 monthly contracts, 29 daily contracts, 18 weekly, 11 day-ahead, 10 fortnightly and one weekday contracts.
IGX stands as the country’s first automated national-level gas exchange designed for the physical delivery of natural gas. Currently, it facilitates trades across 15 delivery locations including four liquefied natural gas (LNG) terminals, three pipeline interconnection points and eight domestic gas field landfall sites.