Indian Gas Exchange Limited has traded 8 million metric British thermal units (mmBtu) natural gas in October 2024. It has increased by 160 per cent on month on month basis as compared to September 2024.
Besides, there were 124 trades carried out in October 2024 comprising 29 monthly contracts, 40 daily contracts, 16 weekly, 8 day-ahead, 29 fortnightly and two 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.