Trends - Gas price - Business Recorder

Gas price

Gas tariff hike will help E&P sector but hurt steel, chemical and textile firms, say experts

Indirect impact on food and fertiliser could further edge up inflation in the country: AKD Securities

Updated 14 Feb, 2023 05:51pm

Markets

US natgas futures rise to one-week high

NEW YORK: US natural gas futures rose about 1% to a one-week high on Tuesday as output remains lower than last month...

Published 08 Feb, 2023 06:10am

Imran Khan censures govt for ‘massive’ fuel hike

LAHORE: Pakistan Tehreek-e-Insaf (PTI) Chairman and former prime minister Imran Khan on Sunday strongly criticised...

Updated 30 Jan, 2023 09:29am

Markets

EU countries agree gas price cap after weeks of talks

BRUSSELS: European Union nations' energy ministers have agreed a gas price cap, a spokesperson for the Czech ...

Published 19 Dec, 2022 11:07pm

World

EU considers lower gas price cap in hunt for Monday deal

BRUSSELS: European Union countries are considering a proposal to cap gas prices at lower levels than suggested to...

Published 18 Dec, 2022 09:49pm

E&P licences revival: Country to receive $5m foreign investment in 3 months

ISLAMABAD: The Cabinet decision to revive 11 revoked licences for enhancing production activities of oil and gas in...

Updated 18 Dec, 2022 09:39am

World

Russia ready to modify gas deal with Hungary if EU price cap requires it: minister

BUDAPEST: Hungary's foreign minister said on Tuesday he had spoken with Russian Deputy Prime Minister Alexander ...

Published 13 Dec, 2022 11:09pm

BR Research

LNG: Still a sellers’ market

As the LNG prices in the international market ease off, there is excitement in some Pakistan circles hoping to get...

Published 14 Nov, 2022 08:59am

Business & Finance

FCCI voices concern over proposed hike in gas price

FAISALABAD: Faisalabad Chamber of Commerce & Industry (FCCI) president Dr Khurram Tariq has expressed concern...

Published 13 Nov, 2022 03:03am

World

EU countries seek way out of impasse over gas price caps

BRUSSELS: The question of how, when and whether to cap gas prices is set to dominate another meeting of European...

Published 12 Oct, 2022 10:40am

Markets

EU signals shifts towards gas price cap

STRASBOURG, (France): The EU is “ready to discuss” a price cap on gas within the bloc to bring down soaring...

Published 06 Oct, 2022 05:59am

Energy windfall profit levies approved: EU countries spar over gas price caps

BRUSSELS: European Union countries disagreed on Friday about whether and how to cap runaway gas prices, with Germany...

Updated 01 Oct, 2022 11:13am

110 mmcfd gas may be diverted from GTPS to fertilizer plants

ISLAMABAD: The government is likely to de-allocate 110 MMCFD indigenous gas of Guddu Thermal Power Station (GTPS)...

Updated 27 Sep, 2022 09:42am

Pakistan

Pipeline gas supplies to Pakistan are possible, part of infrastructure in place, says Russia’s Putin

President Putin and PM Shehbaz meet on sidelines of the Shanghai Cooperation Organisation annual meeting of the Council of Heads of State

Updated 15 Sep, 2022 11:00pm

BR Research

LNG: Prices stabilize

LNG continues to be a much sought-after commodity. The race to procure more and more vessels come winters will get...

Published 13 Sep, 2022 08:59am

BR Research

WPI shatters all records

SPI, CPI, or WPI. Take your pick. Records are being broken everywhere. The Wholesale Price Index (WPI) for August...

Published 07 Sep, 2022 08:40am

Five export-oriented sectors: ECC decides to increase RLNG rate to $9 per MMBTU

Approval increase in indigenous gas price for general industry at Rs1,550 per MMBTU

Updated 26 Jul, 2022 09:22am

Markets

US natgas futures jump

NEW YORK: US natural gas futures jumped about 5% to a five-week high on Friday on forecasts for hotter weather and...

Published 24 Jul, 2022 05:04am

Pakistan

Domestic consumption: EFP chief says govt should increase gas price

KARACHI: President, Employers’ Federation of Pakistan (EFP), Ismail Suttar, has said the government should ...

Published 16 Jul, 2022 04:20am

Gas tariffs now under govt focus

Finance Minister Dr Miftah Ismail directs Petroleum Division to come up with proposals for revision in gas tariffs

Updated 20 Jun, 2022 09:59am

BR Research

The wholesale price bomb ticks away

Wholesale Price Index at 30 percent for May 2022 was at least a 12-year high. And it is coming off a relatively high...

Published 10 Jun, 2022 08:38am

Markets

No intention to increase gas price by 45pc, says Miftah

ISLAMABAD: Federal Minister for Finance and Revenue Miftah Ismail on Thursday said that so far the government has no...

Published 10 Jun, 2022 06:16am

Markets

US natgas futures up on output drop ahead of storage report

NEW YORK: US natural gas futures gained about 2% to a one-week high on Thursday on a decline in output over the past...

Published 04 Jun, 2022 04:18am

Markets

Gas price hike: Ogra holds public hearing in response to SSGCL’s petition

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) held a public hearing at Karachi on Thursday on a petition of...

Published 08 Apr, 2022 05:28am

BR Research

Mari Petroleum Company Limited

Mari Petroleum Company Limited (PSX: MARI) is the second largest producer of natural gas by operating the ...

Published 04 Apr, 2022 07:37am

SNGPL demands 66pc hike in gas price

ISLAMABAD: Sui Northern Gas Pipeline Limited (SNGPL) has demanded a substantial increase in price of gas, ie, up to...

Updated 31 Mar, 2022 10:10am

New exploration, more gas production: PD asked to set up technical group

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has directed Petroleum Division to constitute a...

Updated 26 Feb, 2022 10:05am

Markets

WACOG details: Pakistan's move towards gas pricing reform

Business Recorder dissects the bill that looks to address country's gas shortage and unify pricing across the country

Updated 21 Feb, 2022 07:27pm

BR Research

MARI in 1HFY22

After a stable start to FY22 in the first quarter, Mari Petroleum Limited (PSX: MARI) continued to sail through the...

Published 25 Jan, 2022 07:50am

BR Research

Heating price disparities

As winters go deep, the all-so-familiar natural gas crisis goes deeper. People are struggling to meet the heating...

Published 24 Dec, 2021 08:06am

Gainers
Losers
Leaders

Stock	Price
First Pak Mod. / Mar 22 First Pak Modaraba(PAKMI)	1.52 ▲ 0.18 (13.43%)
Pak Agro Pack. (GEM) / Mar 22 Pak Agro Packaging Limited (GEM)(GEMPAPL)	8.88 ▲ 0.88 (11.00%)
Balochistan Glass / Mar 22 Balochistan Glass Limited(BGL)	13.30 ▲ 1.00 (8.13%)
Khyber Tex. / Mar 22 Khyber Textile Mills Limited(KHYT)	257.53 ▲ 17.96 (7.50%)
Allied Rent. / Mar 22 Allied Rental Modaraba(ARM)	27.83 ▲ 1.94 (7.49%)
Khairpur / Mar 22 Khairpur Sugar Mills Limited(KPUS)	61.69 ▲ 4.30 (7.49%)
Metro Steel / Mar 22 Metropolitan Steel Corporation Limited(MSCL)	27.55 ▲ 1.92 (7.49%)
Adamjee Life Assur. / Mar 22 Adamjee Life Assurance Company Limited(ALIFE)	18.43 ▲ 1.28 (7.46%)
John&Philips / Mar 22 Johnson & Phillips (Pakistan) Limited(JOPP)	38.95 ▲ 2.44 (6.68%)
Ismail Ind. / Mar 22 Ismail Industries Limited(ISIL)	487.74 ▲ 29.55 (6.45%)

Stock	Price
Jubile Life InsXD / Mar 22 Jubilee Life Insurance Company Limited(JLICL)	116 ▼ -25.68 (-18.13%)
Pak Gen.Ins. / Mar 22 The Pakistan General Insurance Co. Ltd.(PKGI)	3.76 ▼ -0.64 (-14.55%)
Dewan Textile / Mar 22 Dewan Textile Mills Limited(DWTM)	2.01 ▼ -0.32 (-13.73%)
Popular Islamic / Mar 22 Popular Islamic Modaraba(PIM)	7.05 ▼ -0.95 (-11.88%)
Habib Metropol. / Mar 22 Habib Metropolitan Bank Limited(HMB)	31.68 ▼ -4.04 (-11.31%)
Bankislami Pak. / Mar 22 BankIslami Pakistan Limited(BIPL)	10 ▼ -1.23 (-10.95%)
F.Treet Manuf / Mar 22 First Treet Manufacturing Modaraba(FTMM)	7.10 ▼ -0.75 (-9.55%)
B.O.Punjab / Mar 22 The Bank of Punjab(BOP)	4.07 ▼ -0.36 (-8.13%)
Kohat Textile / Mar 22 Kohat Textile Mills Limited(KOHTM)	11.55 ▼ -0.96 (-7.67%)
Pak Gulf Leasing / Mar 22 Pak-Gulf Leasing Company Limited(PGLC)	5.65 ▼ -0.46 (-7.53%)

Stock	Volume
Unity Foods Ltd / Mar 22 Unity Foods Limited(UNITY)	25,054,065 ▼ -0.06
WorldCall Telecom / Mar 22 Worldcall Telecom Limited(WTL)	16,643,395 ▲ 0.02
Fauji Foods Ltd / Mar 22 Fauji Foods Limited(FFL)	15,140,985 ▼ -0.12
Maple Leaf Cement / Mar 22 Maple Leaf Cement Factory Limited(MLCF)	9,688,020 ▲ 0.18
Pak Int.Bulk / Mar 22 Pakistan International Bulk Terminal(PIBTL)	6,626,500 ▼ -0.06
Dewan Motors / Mar 22 Dewan Farooque Motors Limited(DFML)	6,524,000 ▼ -0.28
Bankislami Pak. / Mar 22 BankIslami Pakistan Limited(BIPL)	5,405,500 ▼ -1.23
Cnergyico PK / Mar 22 Cnergyico PK Limited(CNERGY)	4,708,036 ▲ 0.10
Pak Elektron / Mar 22 Pak Elektron Limited(PAEL)	4,522,500 ▲ 0.34
Hascol Petrol / Mar 22 Hascol Petroleum Limited(HASCOL)	4,470,500 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 21	285.40
USD PKR Interbank Buying / Mar 21	283.90
USD to Japanese Yen / Mar 21	131.23
USD to Swiss Franc / Mar 21	0.93
Pound Sterling to USD / Mar 21	1.23
Euro to USD / Mar 21	1.07
UK LIBOR % / Mar 20	4.56

Stock	Volume
S&P 500 / Mar 20	3951.57
Tokyo Nikkei / Mar 20	26945.67
Nasdaq / Mar 20	11675.54
Dow Jones / Mar 20	32244.58
India Sensex / Mar 21	58074.68
Hang Seng / Mar 21	19128.12
FTSE 100 / Mar 21	7481.91
Germany DAX 30 / Mar 21	15117.14
France CAC40 / Mar 21	7112.90

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 20	19235
Gold 10 Grams PKR / Mar 20	177726
Crude Oil USD/Barrel / Mar 21	67.15
Gold Spot USD/Ounce / Mar 21	1982.31
Cotton US¢/pound / Mar 21	77.62

Gas price

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