IGX trades at multiple delivery points, with delivery scheduled from 22 June'24 to July'24. #IGXIndia #GasMarkets #LNG #IGX
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IGX - 100% delivery based platform discovering India's own gas price on almost daily basis... No non-transperent assessments/ estmated price index, But reflection of real transaction price at which seller delivers the gas to the buyer at specific delivery points spread across India (domestic, RLNG terminals as well as interconnection points)
IGX trades 2,22,000 MMBtu volume at multiple delivery points, with delivery scheduled for Nov'23. #IGXIndia #GasMarkets #LNG #IGX
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A normal in IGX(Today’s trade highlights) 1. Sixer - 35 MMSCM in a single shot 😊 2. Sellers from domestic source as well as RLNG terminals. Trade of both ceiling price as well as free market gas. 3. Mutiple buyers from varied industries spread all across India 4. Three delivery points 5. Type of delivery - 4 instruments (Day ahead, daily, fortnightly and monthly). Such Day-ahead trades possible only on IGX platform. USP of IGX vis-a-vis bilateral or inhouse tendering- 1. Ease of doing business. Just log-in TWS website and book your buy/sell requirements. No need to negotiate or sign GSPA. 2. Delivery as well as financial risk best managed by IGX on daily basis in a non-standard Indian environment of gas delivery and transportation. 3. Best possible price discovery framework. Discovery of competitive price in a transparent manner. 4. Presence of almost all sellers and buyers of India on IGX platform including govt, PSU, JV or pvt companies. One of the best KYC norm. Low search cost per each counter-party for gas sourcing/marketing. 5. Gixi - One of the very few Global gas price indexes reflecting sale-purchase and actual delivery of gas on each gas da. High time for gas buyers and sellers in India to maximize their commercial benefit and minimize the risk through IGX.
IGX trades 13,67,600 MMBTu quantity at multiple delivery points, with delivery scheduled for 14 February to 31 March'24. #IGXIndia #GasMarkets #LNG #IGX
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The #gasmarket currently lacks a clear direction. As a result, #prices settled at a stable level and fluctuated only slightly. Moderate #demand and stable #supply ensured that there were no major price changes. #europeangasmarket #securingenergyforeurope #gasprices #lng #gasdemand #gassupply #gasexports
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Discover the Day 2 highlights of the International Petroleum Technology Conference (IPTC) 2024! 🌟 Don't miss out on visiting us at Stand OS21 today. For further details, feel free to contact us at sales@iandfinternational.com. #IandFInternational #IPTC #IPTC2024 #IPTCEvent #IPTCInsights #IPTCExpo #OilAndGasTech #TechInnovation #FutureTech #TechRevolution | Mohamed Imthiaz
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If the ICIS #TTF front-month closes sub €23.225/MWh in the coming days – and based on what’s happed today that’s not impossible – then we will be back to levels previously witnessed before the war and last seen in May 2021. That’s when #Gazprom had just begun its strategy of not refilling its EU #natgas storages. #LNG #ONGT
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Speaking about the new realities of the #gasmarket at the #BudapestLNGSummit, Gergely Szabó, Regional Chairman of MET Central Europe (MET Group) says that it is now clear that we need to diversify and #LNG means #diversification.
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The European #gasmarkets appear to have settled at the current level. There were no major announcements last week and therefore no major #price movements. The focus is increasingly on the coming winter. #europeangasmarket #securingenergyforeurope #gasprices #lng #gasdemand #gassupply
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#Exclusive 🚨 | 📢 PNGRB demands IGX's strategy for handling defaults in long-term contracts. Gas exchange vows to enhance market safeguards. Read more on this👇 #GasExchange #IGX #LNG #NaturalGas | Shubhangi Mathur
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Do you need on-demand expert insight into #naturalgas and #LNG markets, but don’t have the resources in-house? RBAC’s #AdvisoryServices combines our industry expertise and state-of-the-art #energymarket simulators to support your corporate strategy and help you achieve your goals. Find out more here: https://lnkd.in/gx7pXpQf #natgas #ongt #energysecurity
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Do you need on-demand expert insight into #naturalgas and #LNG markets, but don’t have the resources in-house? RBAC’s #AdvisoryServices combines our industry expertise and state-of-the-art #energymarket simulators to support your corporate strategy and help you achieve your goals. Find out more here: https://lnkd.in/gx7pXpQf #natgas #ongt #energysecurity
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