Archive · 24 Jul 2026
NSE to Launch India's First Domestic Natural Gas Futures
The National Stock Exchange (NSE) in India is launching a new type of financial product called natural gas futures.
This is the first time such a product will be based on a domestic benchmark.
The futures will be traded under the symbol NATGASIND and will be cash-settled.
The price will be based on the Gujarat (Dahej) hub price from the Indian Gas Exchange.
Trading will start on July 27 and will be available from Monday to Friday.
The NSE has received approval from the Securities and Exchange Board of India (SEBI) to launch these contracts.
This new product aims to make the natural gas market more transparent and focused on India's needs.
NSE to launch India's first domestic benchmark-based natural gas futures on July 27.
Contracts will be cash-settled and trade under the symbol NATGASIND.
Underlying benchmark is the Indian Gas Exchange's (IGX) Gujarat (Dahej) hub price.
Trading unit is fixed at 250 mmBtu, available Monday to Friday.
NSE Clearing will provide clearing, settlement, and risk management services.
- Who
- National Stock Exchange (NSE)
- What
- Launch of India's first domestic benchmark-based natural gas futures
- When
- July 27
- Where
- India
- Why
- To enable transparent, India-centric price discovery for the domestic natural gas market
Proponents of Domestic Benchmark
Critics of Market Transparency
Market Transparency
Proponents of Domestic Benchmark
Enables transparent, India-centric price discovery for the domestic natural gas market.
Critics of Market Transparency
Concerns about the transparency and reliability of the new benchmark.
- Launch Date
- July 27
- Contract Symbol
- NATGASIND
- Underlying Benchmark
- Indian Gas Exchange's (IGX) Gujarat (Dahej) hub price
- Trading Unit
- 250 mmBtu
- Settlement Type
- Cash-settled
- Trading Days
- Monday to Friday
- Regulatory Approval
- Securities and Exchange Board of India (SEBI)