ONGC Becomes First Entity to Trade on Indian Gas Exchange

ONGC Becomes First Entity to Trade on Indian Gas Exchange

Daily Current Affairs   /   ONGC Becomes First Entity to Trade on Indian Gas Exchange

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Category : Business and economics Published on: May 25 2022

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  • State-owned Oil and Natural Gas Corporation (ONGC) has become the first gas producer to trade domestic gas on the Indian Gas Exchange.
  • The first online trade was made on May 23, 2022 by ONGC Director (Onshore) & In-charge Marketing Anurag Sharma on India's first automated national level Gas Exchange, IGX.
  • The gas traded is from ONGC Krishna Godavari 98/2 block.
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