Low APM availability : Incred further informed that IGL currently sources its gas through a diverse strategy, with 75 percent coming from the Administered Pricing Mechanism (APM), 14 percent from long-term contracts (a mix of Henry Hub (HH) and Brent crude oil pricing), 3 percent from High-Temperature and High-Pressure (HTPT) sources, and 8 percent from spot purchases. Looking forward, IGL plans to increase its reliance on long-term contracts and spot purchases as the availability of APM gas decreases.