With an objective to promote uninterrupted and adequate supply of petroleum products and natural gas in all parts of the country, The Petroleum and Natural Gas Regulatory Board (PNGRB) Act 2006 recognized to promote competitive market for transportation, distribution and marketing of natural gas.
Supporting Government’s policy target to increase the share of natural gas in India’s energy basket, MPL has lit the way by becoming First Trading and Clearing Member of newly formed Indian Gas Exchange. MPL also introduced the first gas consumer on the Gas Trading Platform and has highest number of trading clients on IGX platform.
MPL became the first company to register 200+ clients on the IGX platform and achieved trading volume of 21 Million MMBTU till Q1 FY24.
Services offered by MPL