Trends - GAS - Business Recorder

GAS

How much GIDC will each company pay? As govt orders to initiate recovery

These sectors collected Rs295.4 billion during the last ten years whereas the outstanding amount against them is Rs456.946 billion.

Published 20 Aug, 2020 11:49am

Markets

UK GAS-Prices rise as Norwegian maintenance curbs supply

The within-day contract rose by 0.60 pence to 22.50 p/therm by 0840 GMT.

Published 19 Aug, 2020 04:28pm

Markets

UK GAS-Prices rise amid very low wind power output

The day-ahead contract rose by 1.20 pence to 21.00 pence per therm by 0820 GMT.

Published 17 Aug, 2020 04:53pm

Markets

UK GAS-Prompt prices slip in balanced market, temperatures set to dip

The day-ahead contract was down 0.55 pence at 19.20 p/therm by 0915 GMT.

Updated 12 Aug, 2020 04:53pm

Markets

UK GAS-Prices decline amid oversupply

The day-ahead contract was down by 0.50 pence at 19.50 pence per therm from the previous settlement by 0731 GMT.

Published 11 Aug, 2020 04:48pm

Markets

Turkey vows to step up gas exploration in east Med

The search for oil and gas has long been a source of tension between NATO allies Greece and Turkey, which have deteriorated as Ankara resumes exploration activities.

Published 11 Aug, 2020 04:17pm

Markets

Algeria's gas exports to fall sharply in 2025

The decline is mainly due to stagnant output, a rise in domestic consumption, and insufficient investment.

Published 10 Aug, 2020 04:49pm

Markets

UK GAS-Prices rise on strong gas-for-power demand

The day-ahead contract was up by 1.50 pence at 21.00 pence per therm by 0905 GMT.

Published 10 Aug, 2020 04:38pm

Markets

UK GAS-Prompt prices rise on higher gas-for-power demand

The day-ahead contract was up 0.80 pence at 17.00 pence per therm by 0900 GMT.

Published 06 Aug, 2020 04:01pm

Markets

UK GAS-Prompt prices rise as lower wind power forecast boosts demand

The day-ahead contract was up 0.65 pence at 16.40 p/ therm by 0921 GMT.

Published 05 Aug, 2020 05:35pm

Markets

UK GAS-Prices fall on higher Norwegian supply

UK gas system was 18.9 million cubic metres (mcm) oversupplied, with demand forecast at 151.2 mcm and supply at 170.1 mcm, National Grid data showed.

Published 30 Jul, 2020 04:42pm

Markets

UK GAS-Prompt prices rise on low Norwegian flows, high wind output

The within-day contract was up 0.35 pence at 12.35 pence per therm by 0810 GMT.

Published 28 Jul, 2020 04:48pm

Markets

UK GAS-Prices up on lower Norway flows, higher demand

Gas for immediate delivery was 0.55 pence higher at 13.30 p/therm.

Published 24 Jul, 2020 05:59pm

Markets

UK GAS-Edges up on rise in Europe gas, other commodities

UK gas system was 14.3 million cubic metres (mcm) oversupplied, with demand forecast at 163.2 and supply at 177.5 mcm, National Grid data showed.

Published 23 Jul, 2020 03:40pm

Markets

UK GAS-Prompt prices lower due to rise in Norwegian imports

Britain's gas system was oversupplied, with demand forecast at 168.3 million cubic metres (mcm) and flows at 179 mcm/day, National Grid data showed.

Published 22 Jul, 2020 04:27pm

Markets

Fuel demand accelerates but new virus wave may slam on the brakes

Traffic in June in some cities back at 2019 levels.
Driving in Beijing fell with second wave of pandemic.
US gasoline consumption rising but still below 2019.
Recovery in jet fuel consumption lags diesel, gasoline.

Published 25 Jun, 2020 06:57pm

Markets

BP to output from Oman's Khazzan gas field to 1.5 bcf by end-2020

Gas production from Khazzan project is currently up to one billion cubic feet (bcf) and it will increase to 1.5 bcf per day.
Construction of facilities has nearly finished, Al Ojaili added, with 126 of 300 wells drilled.

Published 20 Jun, 2020 04:44pm

Markets

UK GAS-Prompt prices edge higher as wind power output falls

Traders said stronger demand from power stations also came amid a series of unplanned outages which have curbed supply.

Published 16 Jun, 2020 05:05pm

Markets

UK GAS-Prices rise on weak wind output, Norwegian outages

Peak wind generation is forecast at 1.5 gigawatts (GW) on Monday and 1.2 GW on Tuesday, out of a total metered capacity of around 15 GW, Elexon data showed.

Published 15 Jun, 2020 03:56pm

Markets

UK GAS-Prompt prices rise as gas-for-power demand expected to grow

The July gas price at the Dutch TTF hub rose 0.27 euro to 5.30 euros per megawatt hour.

Published 12 Jun, 2020 04:01pm

Markets

UK GAS-Prompt prices slip as strong wind output curbs demand

Traders said demand is still weak for gas and that an increase in wind power output has led to less demand from gas-fired power plants, leaving the system oversupplied.

Published 11 Jun, 2020 03:46pm

Markets

UK GAS-Prices drop amid falling demand and bearish energy prices

UK gas demand is expected to go down amid higher temperatures and stronger wind, with renewable generation forecast up on Thursday from today's low, Refinitiv analysts said in a morning note.

Published 10 Jun, 2020 05:46pm

Markets

UK GAS-Within-day falls amid oversupply, other contracts up on higher demand

The system was oversupplied by 15 million cubic metres (mcm), with demand forecast at 191 mcm and flows at 206 mcm/day, National Grid data shows.

Published 08 Jun, 2020 06:05pm

Markets

UK GAS-Prices rise amid zero Langeled flows, upcoming outages

Upcoming maintenance at UK Continental Shelf fields and terminals and Norway outages could be helping to lift prices, traders said.
Peak wind generation is forecast at 13.1 gigawatts (GW) on Friday and the next day, out of total metered capacity of

Published 05 Jun, 2020 03:30pm

Markets

UK GAS-Prices drop on system oversupply and strong wind

The UK gas system was 15.2 million cubic metres (mcm) oversupplied, with demand forecast at 155 mcm and supply at 170.2 mcm, National Grid data showed.
Peak wind power generation was expected to almost double on Friday, rising to 12.5 gigawatts (GW)

Published 04 Jun, 2020 04:29pm

Markets

UK GAS-Prices jump as cooler weather boosts demand

The day-ahead contract jumped by 39pc to 11.25 pence per therm by 0754 GMT.
However, gas-fo-power demand is forecast lower and there are higher nominations for UK Continental Shelf gas which might help to balance the system later in the day, trader

Published 03 Jun, 2020 06:23pm

Markets

UK GAS-Prompt prices rise with wind power, temperatures set to dip

Traders said temperature forecasts had turned cooler for the rest of the week than previously expected.
Average temperatures in Britain were expected at 16.7 degrees Celsius on Tuesday falling to 14.5 degrees on Wednesday, Refinitiv Eikon data showe

Published 02 Jun, 2020 04:36pm

Markets

Hungary to triple capacity of natural gas pipeline to Slovakia

The capacity increase will become important once the southern natural gas pipeline that will carry Russian gas toward Europe through the Balkans becomes operational, Peter Szijjarto added.

Published 02 Jun, 2020 03:36pm

Markets

UK GAS-Prices fall on reduced UK exports to continent, more Russian flows

The within-day contract dropped by 0.95 p to 7.75 p/therm.
The day-ahead contract fell by 1.05 pence to 8.00 p/therm by 0834 GMT.

Published 01 Jun, 2020 08:56pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 17	278.30
USD PKR Interbank Buying / May 17	278.10
USD to Japanese Yen / May 17	155.67
USD to Swiss Franc / May 17	0.91
Pound Sterling to USD / May 17	1.27
Euro to USD / May 17	1.09

Stock	Volume
S&P 500 / May 17	5303.27
India Sensex / May 17	73917.03
Tokyo Nikkei / May 17	38787.38
Nasdaq / May 17	16685.97
Hang Seng / May 17	19535.61
FTSE 100 / May 17	8420.26
Dow Jones / May 17	40003.59
Germany DAX 30 / May 17	18704.42

Item	Value
Crude Oil USD/Barrel / May 17	79.59
Karachi Cotton PKR/37.32 KG / May 17	19935
Gold 10 Grams PKR / May 17	210562
Gold Spot USD/Ounce / May 17	2386.18
Cotton US¢/pound / May 17	76.29
Petrol/Litre / May 18	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 18 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 18 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 18 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 18 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 18 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 18 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 18 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 18 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 18 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 18 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 18 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 18 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 18 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 18 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 18 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 18 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 18 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 18 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 18 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 18 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 18 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 18 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 18 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 18 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 18 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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