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MMBtuDesk
RISK DESK · GAS DESK
Tailor-made for the Indian natural gas ecosystem

One Desk for Energy Trade, Risk Management and Gas Management

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.

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RISK DESK7 modules
Automatic deal punching
GAS DESK6 modules
Your own CRM
Price visibility Optimise supply Operational flexibility
WHY MMBtu DESK

Why MMBtu Desk fits the Indian gas market

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.

01
Know what you pay

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.

02
Tariffs change. The desk keeps up.

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.

03
Risk and physical on one book

The hedge, the physical schedule and the invoice read the same book. Exposure is known before the gas day, not discovered after month end.

THE PLATFORM

Two desks. One natural gas ecosystem.

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.

RISK DESKExposure, hedging, MTM and the regulator
R1
Automatic deal punching
Confirmations and recaps become booked deals — no re-keying.
R2
Exposure management
Your open position by index, tenor and counterparty — visible before the month closes, not after.
R3
Margin analysis
Realised and unrealised margin per contract, per customer, per pipeline leg.
R4
Commodity analysis
Gas indices and crude oil indices, side by side with your slopes and domestic benchmarks.
R5
Pricing build-up
Formula pricing leg by leg: index, slope, constant, FX, customs duty and taxes.
R6
Hedge insights
Tailor-made strategies for your portfolio — and when the window opens, the chance to hedge your HPHT gas too.
R7
Automated regulatory reporting
AD-bank reporting is automated, and your books can be shared easily under any reporting requirement.
GAS DESKCustomers, molecules, invoices and the ledger
G1
Your own CRM
Stay close to your customers — contracts, GCV clauses and commercial terms in one place.
G2
Modern NSA
Nomination, scheduling and allocation — with smart scheduling and smart allocation built in.
G3
Imbalance monitoring
Optimise supply intelligently to keep imbalance penalties down.
G4
Central data repository
Contracts, payment securities, joint tickets, GTAs and CT confirmations — all in one place.
G5
Automated invoicing
The system prices, the system calculates — you just set the terms.
G6
SAP & Tally API
APIs to integrate with SAP and Tally, so the desk works smoothly with the systems you already run.
ONE SYSTEM

From purchase requisition to invoice management.

Whether you sell gas or only consume it, one flow carries you from requisition to settled invoice.

The physical book

Contracts, nominations, allocations and imbalances — the molecules, where they are and who owes what.

The risk book

Exposure by index and tenor, hedges, margin and mark-to-market — what the book is worth today and tomorrow.

One screen, one login

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.

WHO IT'S FOR

If you buy, sell or move gas in India, this is your desk.

Gas traders & aggregators
Run a multi-source, multi-customer book with the margin visible every day.
City gas distributors
Match domestic, HPHT and spot supply against CNG, PNG and industrial demand.
Large industrial consumers
Know your landed cost per MMBtu and hedge the part that hurts.
OTC counterparties
See the physical book behind the hedge you are facing.
LNG importers & regas users
From cargo to pipeline to customer, in one unbroken unit chain.
THE GAS DAY

The daily cycle, end to end.

01
Nominations
Day-ahead and intraday nominations by entry and exit point, sent to the transporter.
02
Confirmations
Transporter confirmations reconciled against the nomination.
03
Schedule
Smart scheduling across sources, pipelines and customers.
04
Allocate
Smart allocation, with imbalances flagged before they become penalties.
05
Account
Volumes priced, tariffs applied, invoices raised or verified.
06
Report
Daily gas report, monthly spend, and source-wise and location-wise analytics.
FREE DESK TOOLS

Tools the Indian gas desk uses every day.

No login needed. Rates and factors are editable — check them against your contract.

UFT Calculator
Pick the transporters on your contractual path and the zone — get each pipeline's share of the unified tariff.
Transporters on the path
Loading tariff paths…
Source: PNGRB unified tariff order. Excludes statutory GST @18% on the invoice. Rates and paths update when PNGRB issues a new order.
MARKET INTELLIGENCE

Today in LNG.

A short desk note every morning — crude oil and LNG, what moved and why it matters to an Indian book.

22 October 2026
CRUDE OIL
Crude gets out of the Gulf, but fuel doesn’t, as strikes hit Saudi Arabia

In one line: crude moved up again. Crude itself is getting out of the Gulf, but fuels like diesel and jet are not, and fresh Houthi strikes inside Saudi Arabia have put the region’s oil sites back in the firing line.

  • Crude flows, fuel doesn’t. Crude shipments through Hormuz are reported to be close to pre-war levels again, with tankers sailing with their tracking signals turned off. Refined fuels are a different story: jet fuel and diesel are still badly short, Ukraine is hitting Russian refineries harder, and some governments are releasing emergency stocks to cover the gap.
  • Strikes deep inside Saudi Arabia. Houthi fighters, backed by Iran, hit one of Saudi Arabia’s big oil fields and a major airport in the Eastern Province, with deaths reported. The field kept working normally, but the attacks show the campaign is escalating. A hit that actually stopped production or exports would be a much bigger deal for supply.
  • Washington is worried. The US has told non-essential embassy staff to leave Saudi Arabia, and there are reports of American forces being moved around the region. Both suggest the US thinks the danger is growing.

What it means for Indian buyers

  • The pressure now sits more in fuels than in crude. Diesel and other liquid fuels stay expensive, so switching from gas to liquid fuels is not a cheap way out.
  • Saudi Arabia is a major crude supplier to India. Any attack that knocks out Saudi output would hit crude prices fast, and Brent-linked LNG contracts would follow a few months later.
LNG
Asia buys from every corner, Europe hits snags, and India’s grid strains

In one line: every big Asian buyer is shopping at once, Europe is paying more to pull US cargoes its way, and its own supply has hit fresh snags. At home, India’s power grid is stretched, but expensive LNG is barely part of the answer.

  • Asia is buying everywhere. Chinese state companies are back looking for prompt spot cargoes. Indian and Vietnamese importers are running tenders for November arrival. More buyers are chasing a supply pool that was already small.
  • Japan could join in. Japanese utilities hold more LNG than a year ago and more than the five-year norm, but stocks have started falling week by week as winter use picks up. If they fall faster as it gets colder, Japan may need spot cargoes too.
  • Europe outbids Asia. US cargoes that were sailing to Asia have turned around mid-voyage for Europe, where buyers pay more. That leaves fewer Atlantic cargoes for Asian importers.
  • Europe’s own problems. A big French import terminal can’t unload cargoes for a few more days because of an unexpected technical fault, and a US cargo heading there had to change course. France is talking to Qatar about winter supply, but getting it through Hormuz is far from guaranteed. Pipeline gas from Norway is running a little below its recent average, and maintenance at the giant Troll field has cut more gas than expected and will now last through the weekend.
  • Germany is the weak spot. Germany’s storage is the furthest behind among big European economies, both against normal levels and its own history. Berlin admits prices could spike again this winter but says there is no shortage, since stocks already exceed everything drawn last winter. In the UK, the government is looking at scrapping the fixed daily charge on home gas bills, though that would cover only a small part of the price-cap rise expected in January.

India power check

  • Demand is high. Peak power demand has been running roughly 45–50 GW above last year’s level.
  • Coal is short. On 19 October, 96 of India’s 191 coal plants had under three days’ worth of coal, up from 60 in mid-September. Stockpiles at power plants have dropped about 5% this month.
  • Hydro is weak. After a poor monsoon, hydro output in September was about 20% below a year earlier, so coal plants are working harder (up 13.3%).
  • Gas plants sit mostly idle. India has roughly 25 GW of gas-fired capacity, but it ran at only about 18% in July–September. LNG bought in tenders cost about $26 per MMBtu last month, up nearly half since June.

Figures: Central Electricity Authority data as reported in the press, Wood Mackenzie, CREA.

What it means for Indian buyers

  • At around $26 per MMBtu, fuel alone for a gas power plant works out to roughly ₹15 per unit (our estimate, using a typical modern plant). That is far above normal power prices, so the grid will call on gas plants only for short evening peaks or in emergencies, not as steady supply.
  • Watch for government action. In the summer 2024 demand crunch, the Centre ordered plants running on imported gas to generate. If coal stocks keep falling, a similar order could suddenly add spot LNG demand from power in November.
  • Otherwise, power demand usually cools from November, so the power sector’s extra LNG need should stay small and short-lived. City gas and fertiliser are likely to keep first call on supply.
  • For buyers, the bigger risk is the market: China, Japan and Europe may all be bidding at once in the coming weeks. Lock in the November and December volumes you are sure to need now, not at the last minute.
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COMPLIANCE

Built to sit comfortably with your bank, your auditor and your regulator.

Maker-checker on every deal
Nothing hits the book without a second pair of eyes.
Full audit trail
Who changed what, when — and what it was before.
Ind AS hedge accounting
Designation, effectiveness and MTM entries ready for the auditor.
AD-bank reporting
Hedge positions reported the way your AD bank wants to see them.
Your own server
No shared tenancy; your data stays inside your perimeter.
Role-based access
Traders, schedulers, finance and management each see their desk.
ABOUT

From a trading desk in Ahmedabad.

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.

Questions, answered.

No. Each client runs MMBtu Desk on its own server — on-premise or in a private cloud you control. Your book never shares a database.
All of them — gas indices, crude oil indices, domestic ceiling prices and custom formulas. Pricing is fully customisable to your contracts.
Request a demo. We can make the system available within 72 working hours — try it, tell us which customisations you need, and our team will train yours. With those customisations in place, the system goes live in 4 to 12 weeks.
Yes. The modules you select integrate with Tally and SAP through APIs.
The MMBtu Desk team can help you obtain it.
MMBtu Desk comes with a choice of counterparties. Connect, get onboarded and start hedging.
MMBtu Desk Private Limited, co-owned by Molecule Consultancy. Registered office: C-3, Tejas, Sabarmati, Dharmanagar, Ahmedabad 380005.

Stop running a gas book in a spreadsheet.

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parth.shukla@mmbtudesk.comAhmedabad, Gujarat
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