Trends - Gas shortage - Business Recorder

Gas shortage

Issue of gas shortage echoes in Senate

ISLAMABAD: In the wake of persistent shortage of natural gas in the country, the federal government has informed the...

Updated 21 Jan, 2025 09:02am

Pakistan

Sindh industrialists worried about gas shortage, tariff hike

KARACHI: President of United Business Group (UBG) and former president of FPCCI, Zubair Tufail said that Sindh...

Published 30 Nov, 2023 04:53am

Business & Finance

CCP approves two mergers

ISLAMABAD: The Competition Commission of Pakistan (CCP) has given the green light to two mergers, paving the way for...

Published 01 Oct, 2023 02:59am

MoE advocates supply of RLNG to bulk consumers

ISLAMABAD: Ministry of Energy (MoE) has proposed supply of Re-gasified Liquefied Natural Gas (RLNG) to bulk...

Updated 13 Sep, 2023 09:07am

Markets

Senate panel told: SSGC gas production shrinking sharply

ISLAMABAD: The Senate Standing Committee on Petroleum was apprised on Wednesday that the gas production in Sui...

Published 10 Aug, 2023 06:35am

Pakistan

PPP senator calls for improvement in gas supply to Sindh

KARACHI: Senator Waqar Mehdi, General Secretary of Pakistan Peoples Party Sindh chapter, has said that Sindh ...

Published 13 Apr, 2023 06:37am

Business & Finance

Gas shortage has led to closure of many Hub factories: LCCI chief

KARACHI: President of Lasbela Chamber of Commerce and Industry (LCCI) Ismail Suttar has pointed out that acute...

Published 12 Apr, 2023 06:11am

Spot LPG cargoes: Govt decides to exempt SLL from PPRA rules

Exemption to be granted from April 2023 to March 2024

Updated 08 Apr, 2023 09:16pm

Pakistan

Residents protest against gas shortage

KARACHI: Protesting against non-supply of natural gas for the past several weeks in North Nazimabad neighbourhoods,...

Published 28 Jan, 2023 06:20am

Opinion

Energy sector reforms – II: low-hanging fruit rotting

Building on previous op-eds, we are aware of Pakistan’s energy sector challenges and measures requiring execution in...

Published 25 Jan, 2023 06:25am

Govt mulling hiking gas tariffs

ISLAMABAD: Petroleum State Minister Musadik Malik, Tuesday, indicated a possible increase in gas tariffs in the...

Updated 18 Jan, 2023 08:46am

Pakistan

Government has to increase gas prices: Minister of State for Petroleum

Musadik Malik says gas being sold at unsustainable rates

Updated 17 Jan, 2023 05:51pm

Business & Finance

Gas supply from MPCL: FKPCL asked to obtain PPIB’s consent

ISLAMABAD: Petroleum Division has asked M/s Fauji Kabirwala Power Company Limited (FKPCL) to get consent of PPIB for...

Updated 17 Jan, 2023 09:03am

Pakistan

PES advises citizens to use gas appliances carefully

RAWALPINDI: Punjab Emergency Service (PES) Rescue-1122 Rawalpindi here on Sunday appealed to the citizens to use gas...

Published 09 Jan, 2023 06:01am

Opinion

Energy sector reforms — I

My previous op-ed, summed up Pakistan’s gas supply position vis-à-vis the current demand, prevailing geo-political...

Published 29 Dec, 2022 05:59am

Europe can do without Russian gas: IEA

PARIS: Europe faces a major shortfall of natural gas in 2023 if Russia completely cuts off deliveries but has...

Published 13 Dec, 2022 05:58am

World

EU could face gas shortage next year, IEA warns

BRUSSELS: The European Union has enough gas for the winter but could face a shortage next year if Russia cuts...

Published 12 Dec, 2022 06:00pm

Pakistan

Facing massive economic headwinds, companies in Pakistan struggle to keep operations going

Facing energy shortages and an overall decline in demand, companies in Pakistan are either announcing shutdown of...

Updated 12 Dec, 2022 07:35pm

Business & Finance

Gas production at desired delivery pressure: Mari signs agreement with fertiliser companies

Mari Petroleum Company says project aims to maintain Habib Rahi Limestone (HRL) Reservoir gas production plateau at desired delivery pressure

Published 09 Dec, 2022 03:20pm

Business & Finance

Motiwala links declining exports to gas shortage

KARACHI: Chairman Businessmen Group (BMG) & former President Karachi Chamber of Commerce & Industry (KCCI)...

Published 22 Nov, 2022 03:23am

World

Italy’s ENI ready to pay guarantee to unblock Russian gas

MILAN: Italian giant Eni said Monday it is ready to provide a 20-million-euro guarantee to restart deliveries of...

Published 03 Oct, 2022 07:53pm

Markets

Gas shortfall in winter: SNGPL says will distribute 100,000 LPG cylinders

The Sui Northern Gas Pipeline Limited (SNGPL) on Monday said that it will distribute 100,000 Liquefied Petroleum Gas...

Updated 03 Oct, 2022 10:34pm

Markets

Acute gas shortage Hamburg senator warns of hot water rationing

BERLIN: The German city of Hamburg will ration hot water for private households and limit the maximum heating...

Published 03 Jul, 2022 05:39am

Markets

SSGC set to resume gas supply to CNG stations 'operating only on RLNG'

After 45 days of suspension, Sui Southern Gas Company (SSGC) announced that it will resume gas supply to CNG ...

Published 11 Feb, 2022 06:35pm

Govt seeks ‘zero shortage’ gas plan for next winter

ISLAMABAD: The Federal Cabinet has sought next year’s zero gas shortage plan from the Petroleum Division within ...

Updated 25 Jan, 2022 12:10pm

Business & Finance

Restoration of gas to Karachi units: Textile makers-cum-exporters send ‘SOS’ to PM

KARACHI: Textile makers-cum-exporters Saturday sent an ‘SOS’ to the prime minister over zero-level gas pressure...

Published 02 Jan, 2022 05:05am

Pakistan

SNGPL initiates action against illegal gas compressor

RAWALPINDI: General Manager Rawalpindi Region, Sui Northern Gas Pipeline Limited (SNGPL), Mukhtar Shah said special...

Updated 27 Dec, 2021 11:49am

Domestic sector in Sindh facing gas shortage, admits SSGC

ISLAMABAD: The managing director (MD) of Sui Southern Gas Company Ltd (SSGC) has admitted that domestic sector in...

Updated 22 Dec, 2021 09:54am

Pakistan

Sindh, Balochistan facing acute gas shortage

ISLAMABAD: Unlike Punjab and Khyber Pakhtunkhwa (KP), gas consumers in Sindh and Balochistan are facing immense...

Published 16 Dec, 2021 04:00am

Business & Finance

HCCI urges federal govt to help ensure gas supply to factories

HYDERABAD: President Chambers of Commerce and Industry Hyderabad Mohammad Faizan Elahi, Senior Vice President Arif...

Published 16 Dec, 2021 04:00am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 12	282.73
USD PKR Interbank Buying / Jun 12	282.53
USD to Japanese Yen / Jun 12	144.50
USD to Swiss Franc / Jun 12	0.81
Pound Sterling to USD / Jun 12	1.36
Euro to USD / Jun 12	1.15
UK LIBOR % / Jun 12	4.96

Stock	Volume
S&P 500 / Jun 12	6,045.26
India Sensex / Jun 12	81,691.98
Tokyo Nikkei / Jun 12	37,685.10
Nasdaq / Jun 12	19,662.48
Hang Seng / Jun 12	23,873.24
FTSE 100 / Jun 12	8,884.92
Dow Jones / Jun 12	42,967.62
Germany DAX 30 / Jun 12	23,771.45
France CAC40 / Jun 12	7,765.11

Item	Value
Crude Oil USD/Barrel / Jun 12	74.04
Karachi Cotton PKR/37.32 KG / Jun 12	16,485
Gold 10 Grams PKR / Jun 12	305,984
Gold Spot USD/Ounce / Jun 12	3,450.10
Cotton US¢/pound / Jun 12	67.63
Petrol/Litre / Jun 13	253.63
Diesel/Litre / Jun 13	254.64

Gainers
Losers
Leaders

Stock	Price
Pervez Ahmed Consultancy / Jun 13 Pervez Ahmed Consultancy Services Ltd.(PASL)	2.48 ▲ 0.55 (28.5%)
Invest Bank / Jun 13 Invest Capital Investment Bank Limited(ICIBL)	7.11 ▲ 1 (16.37%)
Ist.Capital Sec / Jun 13 First Capital Securities Corporation(FCSC)	2.36 ▲ 0.24 (11.32%)
Ashfaq Textile / Jun 13 Ashfaq Textile Mills Limited(ASHT)	25.70 ▲ 2.34 (10.02%)
AN Textile Mills / Jun 13 AN Textile Mills Limited(ANTM)	15.49 ▲ 1.41 (10.01%)
Shadman Cotton / Jun 13 Shadman Cotton Mills Limited(SHCM)	47.38 ▲ 4.31 (10.01%)
LSE Financial Serv. / Jun 13 LSE Financial Services Limited(LSEFSL)	42.97 ▲ 3.91 (10.01%)
Kohat Textile / Jun 13 Kohat Textile Mills Limited(KOHTM)	89.44 ▲ 8.13 (10%)
Blessed Tex. / Jun 13 Blessed Textiles Limited(BTL)	292.29 ▲ 26.57 (10%)
Dewan Automotive Eng. / Jun 13 Dewan Automotive Engineering Limited(DWAE)	36.74 ▲ 3.34 (10%)

Stock	Price
F.Credit & Inv / Jun 13 First Credit and Investment Bank Limited(FCIBL)	11.22 ▼ -1.25 (-10.02%)
PIA Holding Co.B / Jun 13 PIA Holding Company Limited B(PIAHCLB)	18,889.10 ▼ -2098.79 (-10%)
Khyber Textile / Jun 13 Khyber Textile Mills Limited(KHYT)	1,794.55 ▼ -199.39 (-10%)
Hala Enterprise / Jun 13 Hala Enterprises Limited(HAEL)	30.53 ▼ -3.39 (-9.99%)
Reliance Weaving / Jun 13 Reliance Weaving Mills Limited(REWM)	123.76 ▼ -13.74 (-9.99%)
Blue-Ex Ltd / Jun 13 Blue-Ex Limited (GEM)(GEMBLUEX)	59.14 ▼ -6.46 (-9.85%)
First Capital Equities / Jun 13 First Capital Equities Limited(FCEL)	3.65 ▼ -0.36 (-8.98%)
First Elite Cap.Mod / Jun 13 First Elite Capital Modaraba(FECM)	38.50 ▼ -3.7 (-8.77%)
Tandlianwala Sugar / Jun 13 Tandlianwala Sugar Mills Limited(TSML)	163 ▼ -15.14 (-8.5%)
Arctic Textile / Jun 13 Arctic Textile Mills Limited(ARCTM)	40.29 ▼ -3.69 (-8.39%)

Stock	Volume
Pervez Ahmed Consultancy / Jun 13 Pervez Ahmed Consultancy Services Ltd.(PASL)	57,366,218 ▲ 0.55
WorldCall Telecom / Jun 13 Worldcall Telecom Limited(WTL)	18,923,118 ▲ 0
PIA Holding Co.Ltd / Jun 13 PIA Holding Company Limited(PIAHCLA)	16,109,596 ▲ 0.69
B.O.Punjab / Jun 13 The Bank of Punjab(BOP)	14,500,654 ▼ -0.37
K-Electric Ltd. / Jun 13 K-Electric Limited(KEL)	14,166,974 ▼ -0.16
Invest Bank / Jun 13 Invest Capital Investment Bank Limited(ICIBL)	13,609,202 ▲ 1
Maple Leaf Cement / Jun 13 Maple Leaf Cement Factory Limited(MLCF)	13,405,130 ▼ -0.76
Sui South Gas / Jun 13 Sui Southern Gas Company Limited(SSGC)	12,778,358 ▼ -0.9
Ist.Capital Sec / Jun 13 First Capital Securities Corporation(FCSC)	11,649,691 ▲ 0.24
Cnergyico PK / Jun 13 Cnergyico PK Limited(CNERGY)	11,198,372 ▼ -0.26

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