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Domestic Gas Futures
April 6 , 2026
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- National Stock Exchange (NSE) has received approval from the Securities and Exchange Board of India (SEBI) to launch India’s first domestic benchmark-based natural gas futures.
- These futures are linked to GIXI (Gas IndeX of India), created by the Indian Gas Exchange.
- Gas futures are contracts where buyers and sellers agree on a fixed price of gas for future delivery.
- It helps reduce “basis risk” (the difference between global gas prices and domestic gas prices in India).
- It will benefit gas producers, distributors, and industries by giving stable and predictable prices.
- India aims to increase the share of natural gas to 15% in its energy mix by 2030 from about 7% at present.
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