Contracts, pricing, the daily plan, pipeline charges, exposure and hedging — cut to the shape of your book. Built by people who run a live gas book, for traders, aggregators, city gas distributors and large industrial consumers.
Indian gas is priced by formula, moved on a unified-tariff grid and billed in more than one unit. MMBtu Desk was built inside that market — not adapted to it.
Domestic ceiling prices, crude oil indices, gas indices, spot LNG and a customs duty line — every contract prices differently. The desk builds each price leg by leg so you always see the landed cost.
Unified tariff revisions, zonal ratios and entity-wise splits are applied from their effective date of applicability — SCM and MMBtu reconciled at your contracted GCV.
The hedge, the physical schedule and the invoice read the same book. Exposure is known before the gas day, not discovered after month end.
Two desks for the end-to-end commercial and operational well-being of your natural gas ecosystem — built for operational ease and informed pricing decisions. Each company runs MMBtu Desk on its own server.
Whether you sell gas or only consume it, one flow carries you from requisition to settled invoice.
Contracts, nominations, allocations and imbalances — the molecules, where they are and who owes what.
Exposure by index and tenor, hedges, margin and mark-to-market — what the book is worth today and tomorrow.
Raise a requisition or punch a deal once. The volume, the price formula, the hedge and the invoice — payable or receivable — all inherit from it.
No login needed. Rates and factors are editable — check them against your contract.
A short desk note every morning — crude oil and LNG, what moved and why it matters to an Indian book.
The Middle East is still setting the tone for oil. Ships are getting through the Strait of Hormuz, but attacks are becoming more frequent and more damaging, and that raises the odds of a real drop in flows. Iran has now been confirmed as the source of the projectile that sank a container ship there, and within days a second vessel was holed in a separate attack.
Ukraine has gone back to hitting Russian refineries, defying Washington's push for an energy truce and widening the gap between Kyiv and the US. More lost Russian refining capacity is the last thing a diesel market already under heavy strain needs.
Pulling the other way, the IEA has committed to releasing the rest of its members' emergency stocks, with diesel drawn down faster than planned. That takes some heat out of the supply worries without removing them. For an Indian book, the crude side stays headline-driven, with downside relief coming mainly from stock releases rather than from any improvement at Hormuz.
High prices and the risk of tighter supply are pulling more Asian buyers into the market as winter approaches. South Korea has locked in December–January deliveries, and China is restocking ahead of the cold. Two of the region's biggest importers buying at the same time is lifting a spot market that had little slack to begin with, and more winter buying could squeeze it further. India is active too: utilities are looking for shorter contracts and smaller cargoes, to cut their reliance on Gulf cargoes the conflict has made unreliable.
Europe is bidding just as hard. Several US cargoes first headed for Asia have swung to Europe this week, some of them mid-voyage, as European buyers chase volumes to refill storage that is far below normal. Prices there have come off their highs a little, helped by a milder-than-expected start to the heating season, but supply is getting tighter. Norway faces longer unplanned work and upcoming maintenance at a key processing plant, booked flows into Britain and the wider northwest European market are a touch under recent levels, and more capacity cuts are due over the next few weeks. EU governments are now debating looser storage targets and ways to cushion consumers and industry from high prices.
For Indian buyers, the message is that every major demand centre is now in the market at once. Expect firm spot offers, and value in the shorter, more flexible deals Indian utilities are already pursuing.
MMBtu Desk Private Limited was started by people who ran a live Indian gas book and got tired of reconciling three systems and a spreadsheet every month. The software is the desk we wished we had — priced in rupees, nominated in SCM, hedged in MMBtu.
Every client runs their own server. Your book never shares a database with anyone else's.
Tell us about your book and we'll walk you through the Risk Desk and Gas Desk on your own numbers.