In pics: All you need to know about India’s first natural gas exchange



 


Usually, regular contracts for natural gas supply are as long as six months to a year. IGX allows much shorter contracts from delivery on the next day to up to a month. 


IGX plays an instrumental role in transforming India’s gas markets, positioning the country as a sustainable economy and enhancing industry’s competitiveness. 


Besides, the competitive price discovery will facilitate availability of gas at lower prices for the cross-spectrum of industries across India, stimulate demand and facilitate greater investments in domestic gas exploration.


 


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