Page 35 - Policy & Economic Report - June 2025
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POLICY AND ECONOMIC REPORT
OIL & GAS MARKET
revised for the period 1st April, 2025 – 30th September, 2025 was notified as US$10.04/MMBTU
on Gross Calorific Value (GCV) basis.
Figure 17: Global natural gas price trends ($/mmbtu)
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May-21
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Domestic gas price Henry Hub Natural Gas Spot Price Natural gas, Europe Spot LNG price, Japan
Source- EIA, World Bank
Table 7: Gas price, May 2025 Price ($/MMBTU) MoM YoY
Natural Gas (%) change (%) change
India, Domestic gas price (June’25) 6.41 -7.5% -24.05%
India, Gas price ceiling – difficult areas 10.04
(Apr-Sep’25) 11.9 -1.18% 1.72%
GIXI (Gas index of India) price*
-4% 19%
Henry Hub 3.12 -8.8% 47.2%
0.6% 15.2%
Natural Gas, Europe 11.66 -0.9% 3.3%
Liquefied Natural Gas, Japan 12.56
Source- EIA, PPAC, World Bank, IGX
*Prices are weighted average prices (excluding ceiling price gas)
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