New Delhi: Indian Gas Exchange (IGX) has awarded Oil and Natural Gas Corporation Limited (ONGC) and Reliance Industries Limited with the Domestic Gas Seller of the Year Award 2026, recognising their sustained contribution to India’s domestic gas supply and overall market stability.
The award was presented at the IGX Awards 2026, celebrating excellence and leadership in India’s evolving gas trading ecosystem.
Strengthening India’s Gas Supply Chain
The recognition acknowledges the consistent efforts of ONGC and Reliance Industries in ensuring reliable availability of domestic natural gas for industrial, commercial and household consumers. Their dependable supply performance has played a crucial role in stabilising gas market operations and supporting India’s energy security objectives.
IGX noted that the contribution of both companies has been instrumental in fostering a transparent, competitive and resilient gas marketplace, which is essential for the country’s transition towards cleaner energy sources.
Supporting Energy Transition and Market Stability
As key producers in the Indian energy sector, ONGC and Reliance Industries have helped meet growing domestic demand while supporting price stability on gas trading platforms. Their continued participation has strengthened confidence among market participants and aided the development of a robust gas-based economy.
Energy sector experts believe such recognition will encourage further investments, innovation and participation in India’s gas infrastructure and trading mechanisms, reinforcing the long-term growth of the energy ecosystem.
About ONGC
Oil and Natural Gas Corporation Limited (ONGC) is India’s largest upstream oil and gas company and a Maharatna PSU under the Ministry of Petroleum and Natural Gas. ONGC plays a pivotal role in ensuring India’s energy security, contributing significantly to domestic crude oil and natural gas production while driving innovation, safety and sustainability across its operations.
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