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gas sector

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

Energy sector circular debt under govt focus

ISLAMABAD: Prime Minister Shehbaz Sharif and Finance Minister Ishaq Dar on Monday presided over back-to-back...

Updated 20 Dec, 2022 09:39am

FTO says oil, gas sector ‘strictly’ governed by Ogra

ISLAMABAD: Federal Tax Ombudsman (FTO) has ruled that the oil & gas sector being a highly regulated segment of...

Updated 30 Nov, 2022 09:53am

Business & Finance

Circular debt of gas sector soars to Rs 900 billion: Ogra to hold public hearing on SSGC petition tomorrow

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) will hold a public hearing on Monday (tomorrow) on a petition...

Published 20 Nov, 2022 04:16am

Markets

PIDE report underscores need for minimising govt ‘interference’ in gas sector

PESHAWAR: Report on a research study carried out by the Pakistan Institute of Development Economics (PIDE), entitled...

Published 12 Sep, 2022 07:23am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 31	278.42
USD PKR Interbank Buying / May 31	278.22
USD to Japanese Yen / May 31	157.31
USD to Swiss Franc / May 31	0.90
Pound Sterling to USD / May 31	1.27
Euro to USD / May 31	1.08

Stock	Volume
S&P 500 / May 31	5277.51
India Sensex / May 31	73961.31
Tokyo Nikkei / May 31	38487.90
Nasdaq / May 31	16735.02
Hang Seng / May 31	18079.61
FTSE 100 / May 31	8275.38
Dow Jones / May 31	38686.32
Germany DAX 30 / May 31	18497.94

Item	Value
Crude Oil USD/Barrel / May 31	76.99
Karachi Cotton PKR/37.32 KG / May 31	19935
Gold 10 Grams PKR / May 31	207219
Gold Spot USD/Ounce / May 31	2327.33
Cotton US¢/pound / May 31	75.11
Petrol/Litre / Jun 1	268.36

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jun 1 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jun 1 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Jun 1 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jun 1 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jun 1 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jun 1 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Jun 1 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Jun 1 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jun 1 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jun 1 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jun 1 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Jun 1 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jun 1 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jun 1 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Jun 1 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Jun 1 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Jun 1 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Jun 1 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Jun 1 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Jun 1 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Jun 1 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Jun 1 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Jun 1 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Jun 1 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Jun 1 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Jun 1 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Jun 1 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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