IGX July gas volumes at 2.72 mmBtu
₹866 /$10.6 per MMBtu, lower by 2% last month. Different spot gas benchmark prices recorded were: HH at ~$2.5/MMBtu, TTF at ~$10 /MMBtu, whereas LNG benchmark indices were: WIM ~12 $/MMBtu,“ reads a statement.
“IGX traded a total of 2,288,450 MMBtu domestic ceiling price gas at below ceiling price at Rs.844 (volume weighted average price) during the month,“ it added. Oil India Ltd., one of the major domestic gas producers, joined IGX as proprietary member during the month.
IGX presently offers delivery-based trade in six different contracts such as Day-Ahead, Daily, Weekday, Weekly, Fortnightly and Monthly under which the trade can be executed for six consecutive months. The gas trade takes place at the multiple delivery points such as Dahej, Hazira, Ankot, Mhaskal, Bhadhbhut, Dabhol, KG Basin, Gadimoga, Suvali.
Read more on livemint.com
