"In the Indian market there was some slowdown, but the situation is not as bad as last year," Manoj Jain.
Due to falling local gas consumption in April and May, GAIL diverted two cargoes to international markets while Petronet deferred one cargo for delivery in June.
Front-month gas futures rose 2.8 cents, or 0.9%, to $2.994 per million British thermal units.
That kept the front-month in overbought territory with a Relative Strength Index (RSI) over 70 for a seventh straight day for the first time since November 2019.
Easing of COVID-19 related restrictions has propelled oil demand and prices, which remain stable since a late-2020 rebound from historic lows.
Despite the rise in crude prices, oil producers have so far largely refused to raise production too quickly, aiding prices for natural gas - largely a byproduct of oil drilling.