Gas price index up 19% in May; IGX trade volume dips 5% on weak power demand

High inventory levels among marketers, who had anticipated increased demand from the power sector, coincided with lower actual power demand following an early monsoon and a peak of 231 GW, lower than the expected 260 GW-plus.

Jun 5, 2025 - 20:30
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Gas price index up 19% in May; IGX trade volume dips 5% on weak power demand
High inventory levels among marketers, who had anticipated increased demand from the power sector, coincided with lower actual power demand following an early monsoon and a peak of 231 GW, lower than the expected 260 GW-plus.

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