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India’s First Domestic Gas Futures Contract
July 28 , 2026
9 hrs 0 min
26
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- India will launch its first domestic benchmark-based Natural Gas Futures Contract through the National Stock Exchange (NSE).
- The contract is approved by the Securities and Exchange Board of India (SEBI) and will trade under the symbol NATGASIND.
- It is linked to the Indian Gas Exchange (IGX) Gujarat (Dahej) hub price and is quoted in mmBtu (million British thermal units).
- The contract is cash-settled, with a trading unit of 250 mmBtu, and no physical gas delivery will take place.
- NSE Clearing will manage clearing, settlement, daily mark-to-market adjustments, and margin collection.
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