Indian Gas Exchange hopes to launch contracts for LNG trading next month – CEO
The Indian Gas Exchange (IGX) hopes to launch contracts for the trading of liquefied natural gas (LNG) next month, enabling companies not linked to the pipeline network to use the cleaner fuel, its chief executive said on Thursday.
India is building a vast gas pipeline network and import facilities as Prime Minister Narendra Modi wants to raise the share of gas in the country’s energy mix to 15% by 2030 from about 6% currently.
