💨 Abstract

The Indian Gas Exchange (IGX) is seeking regulatory approval to introduce a 3-6 month gas contract, linked to global benchmarks and IGX's own index. The new contract will have a fortnightly payment cycle, and IGX is also considering green certificates for trading to encourage compressed bio-gas production. IGX has also signed a preliminary agreement with Austria's Central Europeans Gas Hub to explore gas trading opportunities, including green gases.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖