Trends - gas sector - Business Recorder

gas sector

Settlement of circular debt thru adjustments strong probability

Deputy PM Ishaq Dar directs Petroleum and Power Division to reassess the plan for settlement of circular debt through cash/ non-cash adjustments

Updated 09 Sep, 2024 09:42am

Editorials

Gas sector problems

EDITORIAL: As if the power sector’s chronic circular debt wasn’t bad enough – just one of the many completely...

Published 21 Jul, 2024 03:29am

Opinion

Addressing gas sector circular debt: causes and solutions

The gas sector in Pakistan, which was relatively stable until 2013, has since faced the substantial challenge of...

Updated 12 Jul, 2024 08:32am

CPPs more efficient than IPPs, KE: Jam

ISLAMABAD: Commerce Minister Jam Kamal Khan is said to have come forward to rescue over 100 Captive Power Plants...

Updated 12 Jul, 2024 09:04am

Markets

SNGPL intensifies operations against gas theft

ISLAMABAD: The Sui Northern Gas Pipelines Limited (SNGPL) Gas Task Force has escalated its operation against gas...

Published 01 Apr, 2024 05:34am

Markets

Gas price hike ‘decisive’ blow to textile sector: KPTMA

PESHAWAR; The Khyber Pakhtunkhwa Textile Mills Association (KPTMA) has said that the recent decision by the...

Published 19 Feb, 2024 05:24am

Energy sector: Major step taken towards reducing circular debt

Caretaker Prime Minister Anwaar-ul-Haq Kakar directs Ministry of Energy to prepare and submit a comprehensive and sustainable plan after consultation with Finance Ministry

Updated 25 Jan, 2024 09:47am

Energy sector: Circular debt jumps to over Rs5.725trn

Minister for Power and Petroleum prepares an innovative plan to reduce circular debt of energy sector

Updated 19 Jan, 2024 10:03am

Markets

Gas sector-related problems getting worse: audit report

ISLAMABAD: Gas sector-related issues have been worsening over the years which include inter alia gas shortage due to...

Published 30 Nov, 2023 04:53am

Markets

Gas sector issues: Minister says structural changes needed

KARACHI: Provincial Minister for Revenue, Industries and Commerce Muhammad Younus Dagha has said that worldwide gas...

Published 16 Nov, 2023 05:39am

New gas sale prices notified by Ogra

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) in accordance with the policy guidelines of the federal...

Updated 09 Nov, 2023 03:53pm

APTMA sayssupports gas, RLNG pricing reforms

LAHORE: All Pakistan Textile Mills Association (APTMA) has fully supported the government’s decision on gas/ RLNG...

Updated 04 Nov, 2023 09:39am

Hike comes into effect from July: Rs65bn financial impact also added to gas tariff raise: govt

ISLAMABAD: The interim government has raised the gas prices up to 193 percent with effect from July 2023 for...

Updated 01 Nov, 2023 09:56am

Opinion

Gas sector reform: beyond pricing

Finally, pricing reform in the gas sector is in sight. The summary has been moved, and prices are likely to increase...

Published 16 Oct, 2023 05:47am

BR Research

Gas price must go up

If the IMF is not pushing for something, it almost never happens in Pakistan. People have been wondering why...

Published 02 Oct, 2023 08:58am

Markets

OGDCL discovers gas reserves in Rahim Yar Khan, Punjab

Oil & Gas Development Company Limited (OGDCL), the country’s largest hydrocarbon exploration firm, has...

Updated 19 Sep, 2023 07:59pm

Summary seeking up to 50pc raise in gas sale prices re-submitted

Interim Minister for Energy, Muhammad Ali says increase in gas rates ahead of winter was inevitable to contain the gas-sector circular debt

Updated 15 Sep, 2023 10:07am

Opinion

The circular debt paradox

The power sector has an annual turnover of around Rs 3.3 trillion. Of this, collection stands at around 88 percent,...

Updated 04 Sep, 2023 06:43am

Shamshad holds virtual meeting with IMF staff team

ISLAMABAD: Over a week after assuming charge of caretaker Finance Minister, Dr Shamshad Akhtar, has reportedly held...

Updated 26 Aug, 2023 06:27pm

Opinion

Rethinking natural gas allocation and pricing: Challenges and path to sustainable solutions

The allocation and pricing of natural gas have been contentious issues in Pakistan, with the government historically...

Updated 24 Aug, 2023 06:53am

Energy sector reforms: Modalities, framework finalised

ISLAMABAD: Finance Minister Ishaq Dar chaired a meeting on reforms in the energy sector at the Finance Division,...

Updated 05 Aug, 2023 09:04am

Opinion

Reducing rising electricity tariff?-I

NEPRA (National Electric Power Authority) has increased electricity base tariff by Rs 4.96 per unit from Rs 24.82 ...

Published 23 Jul, 2023 03:25am

BR Research

Gas tariff revision: Never enough!

Another round of revision in natural gas prices stares at the consumers for the second time in 2023. The...

Published 14 Jul, 2023 08:12am

Opinion

Growth rate: PBS under the spotlight

The provisional estimates for 2022-23 of the GDP by sector and by expenditure have been released recently by the...

Published 30 May, 2023 03:37am

Gas sector: Dar for early settlement of circular debt

Officials say gas sector circular debt has reached Rs 1.6 trillion and would become comparable to power sector circular debt if reforms are not undertaken

Updated 22 Jan, 2023 10:12am

Markets

Dar directs committee to finalise action plan for settlement of circular debt

Issue of circular debt is seen as one key element in reviving IMF programme

Updated 21 Jan, 2023 09:16pm

Editorials

On energy conservation

EDITORIAL: The country needs to vigorously pursue the objective of energy conservation; there are no two ways about...

Published 07 Jan, 2023 06:00am

Opinion

Circular debt – short-term remedies

The circular debt (CD) emerged as a perpetual menace ever since the Independent Power Producers (IPPs) surfaced on...

Updated 24 Dec, 2022 06:31am

Reduction in circular debt of gas sector by 70pc: PM directs Petroleum, Finance Divisions to prepare master plan

ISLAMABAD: Prime Minister Shehbaz Sharif has directed Petroleum and Finance Divisions to prepare a master plan to...

Updated 23 Dec, 2022 08:41am

Business & Finance

Gas sector 10-member body formed on circular debt settlement

ISLAMABAD: The Finance Division constituted a 10-member committee on circular debt settlement of the gas sector on...

Updated 22 Dec, 2022 09:39am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 10	278.72
USD PKR Interbank Buying / Sep 10	278.57
USD to Japanese Yen / Sep 10	143.54
USD to Swiss Franc / Sep 10	0.85
Pound Sterling to USD / Sep 10	1.31
Euro to USD / Sep 10	1.10

Stock	Volume
S&P 500 / Sep 9	5,471.05
Nasdaq / Sep 9	16,884.61
Dow Jones / Sep 9	40,829.59
India Sensex / Sep 10	81,921.29
Tokyo Nikkei / Sep 10	36,159.16
Hang Seng / Sep 10	17,247.80
FTSE 100 / Sep 10	8,239.95
Germany DAX 30 / Sep 10	18,468.34

Item	Value
Gold 10 Grams PKR / Sep 9	223,251
Crude Oil USD/Barrel / Sep 10	68.59
Karachi Cotton PKR/37.32 KG / Sep 10	18,535
Gold Spot USD/Ounce / Sep 10	2,501.81
Cotton US¢/pound / Sep 10	67.93
Petrol/Litre / Sep 11	259.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Sep 11 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Sep 11 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Sep 11 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Sep 11 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Sep 11 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Sep 11 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Sep 11 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Sep 11 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Sep 11 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Sep 11 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Sep 11 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Sep 11 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Sep 11 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Sep 11 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Sep 11 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Sep 11 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Sep 11 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Sep 11 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Sep 11 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Sep 11 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Sep 11 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Sep 11 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Sep 11 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Sep 11 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Sep 11 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Sep 11 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Sep 11 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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