New Delhi, Jan. 6 -- The Indian Gas Exchange's benchmark price index, GIXI, fell by 18 per cent year-on-year (YoY) to reach Rs 994 or USD 11 per MMBtu in December 2025. This downward trend in domestic prices aligned with international market movements, influenced by increased supply, a mild winter in Europe, and stagnant demand across Asia.

According to a press release from Indian Gas Exchange (IGX) Limited, international spot gas benchmarks such as the European TTF dropped 35 per cent YoY to USD 9.9/MMBtu, while the Asian WIM-Ex Dahej declined 32 per cent to USD 10.6/MMBtu.

The Indian Gas Exchange Limited operates as a regulated marketplace under the Petroleum and Natural Gas Regulatory Board (PNGRB). It facilitates indigenous price di...