New Delhi, Jan. 30 -- Hindustan Petroleum Corporation Limited (HPCL) and the Indian Gas Exchange (IGX) signed a Memorandum of Understanding (MoU) on Friday to increase access to the Chhara LNG terminal in Gujarat. The agreement was finalised during India Energy Week 2026 in Goa. Under this partnership, IGX will build a digital platform that allows users to book regasification services at the terminal through a market-based system.

HPCL will make specific amounts of storage and regasification capacity available on the platform for set periods. This move is intended to increase the use of the infrastructure at Chhara and allow more participants to enter the gas market. The collaboration focuses on using digital tools to make the process of...