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India gets its first natural gas exchange; trading to begin at these hubs initially
June 15, 2020

India gets its first natural gas exchange; trading to begin at these hubs initially

India will on Monday get its very own natural gas trading platform that will help discover local market price for gas through transparent demand-supply matching. Oil Minister Dharmendra Pradhan will launch the Indian Gas Exchange (IGX) to kickstart natural gas trading, official sources said. IGX is India's first automated national level trading platform to promote and sustain an efficient and robust gas market and foster gas trading in the country.

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