Trends - gas supply - Business Recorder

gas supply

No subsidized gas for fertilizer plants after May

Decision taken at a recent meeting of the ECC when supply of subsidized gas to two urea fertilizer plants in Punjab came under discussion

Updated 21 Mar, 2023 01:05pm

Urea production: Fertiliser plants to get gas till May 31st: ECC

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has decided to supply indigenous gas to urea...

Updated 16 Mar, 2023 10:00am

Pakistan

ECC greenlights supply of indigenous gas to fertilizer sector

The Economic Coordination Committee (ECC) on Wednesday approved the supply of indigenous gas to fertilizer plants to...

Updated 15 Mar, 2023 09:51pm

SSGC seeks 26.9pc raise in gas prices

ISLAMABAD: The Sui Southern Gas Company (SSGC) has filed a petition for an increase of 26.9 percent or Rs83.16 per...

Updated 03 Mar, 2023 09:00am

Markets

Departments urged to improve gas supply and demand

ISLAMABAD: A high-level meeting discussed the present status of production, import, and supply of natural gas in the...

Published 27 Jan, 2023 06:15am

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

Markets

Mari Petroleum commences gas supply from SGPC to Sui Northern

Mari Petroleum Company Limited (MARI), one of Pakistan’s largest petroleum exploration and production companies,...

Published 20 Jan, 2023 11:46am

Markets

Gas starts to flow to Freeport LNG export plant in US

NEW YORK: Freeport LNG’s long-shut export plant in Texas started receiving natural gas from pipelines over the ...

Published 18 Jan, 2023 07:12am

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

Business & Finance

Domestic consumers: Lasbela chamber supports gas supply through cylinders

KARACHI: The Lasbela Chamber of Commerce and Industry (LCCI) has supported the decision of the Sui Southern Gas...

Published 10 Jan, 2023 06:00am

Business & Finance

SSGC, FFBL ink GSA for supply of 68MMCFD gas

KARACHI: The Managing Directors of Sui Southern Gas Company Limited (SSGC) and Fauji Fertilizer Bin Qasim Limited...

Published 05 Jan, 2023 05:58am

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

Opinion

Heat will stay on in Europe this winter, but after?

Europe is likely to scrape through this winter without cutting off gas customers despite reduced Russian supplies,...

Published 29 Dec, 2022 05:59am

Putin inaugurates key Siberian gas field for China exports

MOSCOW: President Vladimir Putin on Wednesday inaugurated the Kovykta natural gas field in eastern Siberia that will...

Published 22 Dec, 2022 05:57am

Markets

SSGC suspends supply to captive power sector

KARACHI: The Sui Southern Gas Company has implemented the load management plan, while suspending the gas supply to...

Published 19 Dec, 2022 06:00am

Import of LNG: PLL likely to ink accord with SOCAR

Since the validity of price offered by SOCAR will be less than 24 hours, PLL BoD may accept or reject the LNG cargoes based on the suitability of the price

Updated 19 Dec, 2022 12:01pm

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

Opinion

Role of LPG in gas crisis – II

Gas tariff and subsidies. Gas and electricity prices are politically sensitive issues. The IMF compares prices in ...

Updated 01 Dec, 2022 06:20am

PD prepares $496m gas pipeline augmentation plan

Allows expansion in existing terminals sans government guarantee

Updated 29 Nov, 2022 09:48am

Business & Finance

BMP calls for smooth gas supply to industry during winter

LAHORE: Complaining about the energy shortages, the Businessmen Panel (BMP) of the Federation of Pakistan Chambers ...

Published 21 Nov, 2022 05:59am

Markets

KCCI, industrial bodies reject stoppage of gas supply for 3 months

KARACHI: The Karachi Chamber of Commerce and Industry (KCCI) and industrial town associations, while expressing deep...

Published 18 Nov, 2022 05:53am

Markets

Business community urges govt to provide continuous gas supply to export units

KARACHI: The business community Thursday urged the government to provide gas 24/7 without any hurdle to the export...

Published 18 Nov, 2022 05:53am

PSM to get Rs1.26bn to foot the bill for gas

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet approved release of funds amounting to Rs1.258...

Updated 16 Nov, 2022 10:22am

Markets

SSGC denies reports about suspending regular gas supply to industry

KARACHI: SSGC has categorically clarified on the misguiding news circulating in media with regard to the suspension...

Published 15 Nov, 2022 07:01am

Industries: gas suspension decision resented

KARACHI: Industrial Association of Pakistan on Sunday rejected the notice of no gas supply to industries. According...

Updated 14 Nov, 2022 10:04am

MPCL threatens to suspend gas supply to power sector from Nov

ISLAMABAD: Mari Petroleum Company Limited (MPCL) has threatened to suspend gas supply to power sector from November...

Updated 28 Oct, 2022 09:51am

Markets

Musadik visits SNGPL head office

LAHORE: Minister of State for Petroleum Senator Musadik Malik and Secretary Petroleum Capt Muhammad Mahmood...

Published 24 Oct, 2022 05:45am

Markets

Winter season: Minister for smooth gas supply to domestic consumers

ISLAMABAD: Minister of State for Petroleum Dr Musadik Malik on Wednesday said all-out efforts would be made to ...

Published 06 Oct, 2022 05:59am

Gainers
Losers
Leaders

Stock	Price
Trust Mod. / Mar 22 Trust Modaraba(TRSM)	1.70 ▲ 0.48 (39.34%)
Premier Insurance / Mar 22 Premier Insurance Limited(PINL)	7 ▲ 0.75 (12.00%)
Punjab Mod / Mar 22 First Punjab Modaraba(FPJM)	1.55 ▲ 0.14 (9.93%)
Shield Corp. / Mar 22 Shield Corporation Limited(SCL)	227.90 ▲ 15.90 (7.50%)
Towellers Ltd. / Mar 22 Towellers Limited(TOWL)	219.35 ▲ 15.30 (7.50%)
Shakarganj / Mar 22 Shakarganj Limited(SML)	31.17 ▲ 2.17 (7.48%)
Noon Sugar / Mar 22 Noon Sugar Mills Limited(NONS)	54.80 ▲ 3.78 (7.41%)
Hinopak Motor / Mar 22 Hinopak Motors Limited(HINO)	219.45 ▲ 15.05 (7.36%)
Zahid Jee Textile / Mar 22 Zahidjee Textile Mills Limited(ZAHID)	29.25 ▲ 1.90 (6.95%)
Data Textile / Mar 22 Data Textiles Limited(DATM)	3.66 ▲ 0.22 (6.40%)

Stock	Price
First Elite Cap.Mod / Mar 22 First Elite Capital Modaraba(FECM)	2.62 ▼ -0.54 (-17.09%)
Jubilee Spinning / Mar 22 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	2.90 ▼ -0.51 (-14.96%)
Kohinoor Power / Mar 22 Kohinoor Power Company Limited(KOHP)	3.62 ▼ -0.37 (-9.27%)
Escorts Bank / Mar 22 Escorts Investment Bank Limited(ESBL)	3.16 ▼ -0.32 (-9.20%)
Samba Bank / Mar 22 Samba Bank Limited(SBL)	7 ▼ -0.60 (-7.89%)
Bilal Fibres / Mar 22 Bilal Fibres Limited(BILF)	2.27 ▼ -0.19 (-7.72%)
Engro Poly(Pref / Mar 22 Engro Poly(Pref)(EPCLPS)	12 ▼ -0.98 (-7.55%)
S.S.Oil / Mar 22 S.S.Oil Mills Limited(SSOM)	99.30 ▼ -8.05 (-7.50%)
Dawood Lawrencepur / Mar 22 Dawood Lawrencepur Limited(DLL)	201.17 ▼ -16.26 (-7.48%)
Quetta Textile / Mar 22 Quetta Textile Mills Limited(QUET)	15.75 ▼ -1.27 (-7.46%)

Stock	Volume
Fauji Cement / Mar 22 Fauji Cement Company Limited(FCCL)	15,608,500 ▲ 0.12
WorldCall Telecom / Mar 22 Worldcall Telecom Limited(WTL)	6,046,419 ▲ 0.01
Cnergyico PK / Mar 22 Cnergyico PK Limited(CNERGY)	4,848,036 ▼ -0.06
Unity Foods Ltd / Mar 22 Unity Foods Limited(UNITY)	4,691,640 ▼ -0.14
Pak Elektron / Mar 22 Pak Elektron Limited(PAEL)	4,522,500 ▼ -0.04
Hascol Petrol / Mar 22 Hascol Petroleum Limited(HASCOL)	4,470,500 ▲ 0.02
TPL Properties / Mar 22 TPL Properties Limited(TPLP)	4,391,678 ▼ -0.05
Ghani Glo Hol / Mar 22 Ghani Global Holdings Limited(GGL)	4,311,148 ▲ 0.23
Fauji Foods Ltd / Mar 22 Fauji Foods Limited(FFL)	4,273,685 ▲ 0.23
Loads Limited / Mar 22 Loads Limited(LOADS)	4,188,000 ▼ -0.18

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 22	283.70
USD PKR Interbank Buying / Mar 22	283.25
USD to Japanese Yen / Mar 22	132.42
USD to Swiss Franc / Mar 22	0.92
Pound Sterling to USD / Mar 22	1.22
Euro to USD / Mar 22	1.08
UK LIBOR % / Mar 21	4.56

Stock	Volume
S&P 500 / Mar 21	4002.87
Nasdaq / Mar 21	11860.11
FTSE 100 / Mar 21	7536.22
Dow Jones / Mar 21	32560.60
Germany DAX 30 / Mar 21	15195.34
France CAC40 / Mar 21	7112.91
India Sensex / Mar 22	58196.91
Tokyo Nikkei / Mar 22	27459.77
Hang Seng / Mar 22	19685.51

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 21	19235
Gold 10 Grams PKR / Mar 21	177726
Crude Oil USD/Barrel / Mar 22	69.01
Gold Spot USD/Ounce / Mar 22	1940.41
Cotton US¢/pound / Mar 22	77.98

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