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IGX Q1FY27 Gas Trading Volume Jumps 48 percentage QoQ to 27.48 Million MMBtu

BusinessK Puspa06 Jul 2026

Mumbai, July 6: Q1FY27: During Q1FY27, IGX traded gas volume of 27.48 million MMBtu , representing an increase of 47.94 percentage  quarter-on-quarter and 11.91 percentage  on year-on-year basis. Around 52.61percentage  of traded volumes were free market gas & 47.39percentage  domestic HPHT gas at ceiling price. A total of 434 trades were executed in Q1FY27. 

June’26: In June’26, IGX achieved a monthly traded gas volume of 8.19 million MMBtu (206.41 MMSCM), volume down by 23.87percentage  MoM and Up by 103.38 percentage YoY. Approximately 51.03percentage  of the traded volume comprised of Domestic HPHT gas at the ceiling price, procured by CGDs for their D-PNG & T-CNG demand, while the remaining 48.97percentage  was free market gas. Nearly 17.22 MMSCM of domestic gas with pricing freedom was traded by producers at Bokaro , Jaya, Suvali and Hazira-ONGC delivery points. 

Exchange traded deliveries were 9.46 million MMBtu (7.94 MMSCMD) during the month.

Indian Gas Exchange’s benchmark price index, GIXI®, for June 2026 stood at  ₹1,767/$18.61 per MMBtu, almost flat MoM & up by 78.72 percentage  YoY.

GIXI®-West was ₹1768/$18.62 per MMBtu, whereas GIXI®-East was down by 1.27percentage . 

GIXI®-Dahej for June 2026 was ₹1786/$18.81 per MMBtu, 1.34percentage  up compared to previous month. 

IGX currently offers trades at 19 delivery points including 6 LNG terminals, 9 domestic gas field land fall points and 4 pipeline interconnections.

IGX offers delivery-based trade in ten standardized natural gas contracts such as Intraday, Day-Ahead, Daily, Weekday, Weekly, Fortnightly and Monthly , Balance of Month & two Long Duration Contracts - 3 Months and 6 Months linked to Benchmarks: GIXI®, JKM®, WIM® & Dated Brent®.