Having missed the December deadline to establish a national gas trading hub, India is unlikely to push ahead with its plans in the immediate future without solving the vexed issue of unbundling operations of State-run natural gas infrastructure owner and marketer GAIL India. The Petroleum and Natural Gas Ministry last year drew up plans to establish a national gas trading hub by December 2018, along the lines of physical trading platform Henry Hub in the US, or a virtual trading platform like Balancing Point, in the UK.
