Trends - gas tariff - Business Recorder

gas tariff

JI supports industry's strike against gas tariff hike

KARACHI: Jamaat-e-Islami (JI) on Friday announced to back the strike called by the trade and industry for December ...

Published 02 Dec, 2023 05:09am

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

SAI fears industry closure due to high gas tariff

KARACHI: An rmergent meeting of SITE Association of Industry (SAI) was held to devise strategy for future line of...

Published 14 Nov, 2023 05:08am

BR Research

Gas tariffs: Are ‘fixed charges’ legal?

The Oil & Gas Regulatory Authority finally notified the revised consumer-end gas prices – two weeks after the...

Published 10 Nov, 2023 08:39am

Business & Finance

APTMA Chairman North welcomes gas tariff rationalization

LAHORE: Chairman APTMA North Zone Kamran Arshad has welcomed the federal government decision of gas tariff...

Published 04 Nov, 2023 06:00am

Business & Finance

Significant decline in trade deficit a ‘good omen’: LCCI

LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) on Thursday termed the notable shrink to the trade ...

Published 03 Nov, 2023 06:11am

Business & Finance

APTMA assails ‘unprecedented’ gas tariff hike

KARACHI: Zahid Mazhar, Chairman All Pakistan Textile Mills Association (APTMA) Southern Zone has strongly rejected...

Updated 03 Nov, 2023 09:36am

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

Business & Finance

Policy rate kept unchanged on inflation, C/A

KARACHI: While maintaining the policy rate at 22 percent, the Monetary Policy Committee (MPC) of the State Bank of...

Published 31 Oct, 2023 05:26am

Opinion

No more gas circular debt buildup?

Gas price rationalization is a big reform undertaken by the caretaker government in view of the fact that in the ...

Updated 30 Oct, 2023 06:01am

Pakistan

PM convenes cabinet meeting tomorrow

Cabinet to validate the ECC decision on the recent surge in the gas tariff and review the progress regarding the return of illegal settlers in Pakistan

Updated 29 Oct, 2023 10:02am

Markets

Energy minister says will try to help ease KCCI’s concerns on gas tariff hike

KARACHI: Caretaker Federal Minister for Energy, Power & Petroleum Muhammad Ali, after listening to business...

Published 29 Oct, 2023 03:25am

Markets

Gas tariff hike to affect 4.3m consumers: FPCCI

KARACHI: Irfan Iqbal Sheikh, President Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has...

Published 29 Oct, 2023 03:25am

Gas tariff hike won’t affect 57pc consumers: govt

Minister for Energy Muhammad Ali says increase in gas tariffs will help control and end the ever-increasing circular debt of petroleum sector

Updated 27 Oct, 2023 11:30am

Import of 200,000 MT of urea fertiliser allowed: ECC approves increase in gas tariff

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved increase in gas tariff for the...

Updated 24 Oct, 2023 10:41am

Opinion

No more business as usual–III

Businesses have to take lead for delivering energy at a reasonable cost under a planned strategy and implementation...

Published 11 Oct, 2023 03:10am

Opinion

Gas tariff and reforms—I

The government is to announce new gas tariff for the current financial year (1st July 2023-30th June 2024). The...

Published 06 Oct, 2023 03:03am

Protected gas consumers: Rs500 per mmbtu gas tariff hike under study

ISLAMABAD: The federal government has been considering a proposal for increasing Rs500 per mmbtu gas tariff for 60...

Updated 26 Sep, 2023 11:17am

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

Pakistan

PM again holds PTI govt responsible for economic mess

FAISALABAD: The government of Nawaz Sharif had laid down a strong foundation for the comprehensive socio economic ...

Published 25 Jul, 2023 06:20am

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

Business & Finance

Export-oriented sectors: PTEA resents withdrawal of concessional gas tariff

FAISALABAD: Pakistan Textile Exporters Association (PTEA) has flayed the decision of withdrawal of concessional...

Published 05 May, 2023 06:44am

Business & Finance

Low-income segment to remain largely unaffected from gas tariff hike: Musadik Malik

Says government tried its best not to impose burden on low-income segment

Published 17 Feb, 2023 02:24pm

BR Research

Gas tariffs: Higher than you think

Hot takes are plenty on the recent gas price revision. Some want more. Others see it as a measure that arrests the...

Published 16 Feb, 2023 09:34am

16.6pc to 124pc hike in gas tariff notified

ISLAMABAD: Oil and Gas Regulatory Authority (OGRA) on Wednesday notified 16.6 percent to 124 percent hike in the...

Updated 16 Feb, 2023 08:58am

Opinion

New gas tariff and circular debt

Finally, much-awaited new gas tariff has been announced by government under negotiations with the International...

Updated 15 Feb, 2023 06:50am

Tariff of indigenous gas-run CPPs likely to be reviewed

Government to allow new CPPs with cogeneration technology to get RLNG connections at notified tariff

Updated 06 Feb, 2023 09:06am

BR Research

Gas tariffs: Circular debt will stay

As the regulator determined consumer end gas prices for both Sui companies – analysts were quick to link it to the...

Published 12 Jan, 2023 07:55am

Markets

FY 2022-23: Ogra allows SNGPL, SSGCL to raise gas prices by over 74pc

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) on Wednesday recommended permitting two gas companies, the ...

Published 12 Jan, 2023 05:51am

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

Gainers
Losers
Leaders

Stock	Price
Punjab Mod / Dec 5 First Punjab Modaraba(FPJM)	1.80 ▲ 0.20 (12.50%)
Popular Islamic / Dec 5 Popular Islamic Modaraba(PIM)	10.50 ▲ 1.00 (10.53%)
Bawany Air Products / Dec 5 Bawany Air Products Limited(BAPL)	11.28 ▲ 1.00 (9.73%)
Tri-Star Power / Dec 5 Tri-Star Power Limited(TSPL)	11.88 ▲ 1.00 (9.19%)
Trust Sec.& Brok. / Dec 5 Trust Securities & Brokerage Limited(TSBL)	12 ▲ 1.00 (9.09%)
Nazir Cotton Mills / Dec 5 Nazir Cotton Mills Limited(NCML)	3.91 ▲ 0.31 (8.61%)
First Elite Cap.Mod / Dec 5 First Elite Capital Modaraba(FECM)	3.50 ▲ 0.27 (8.36%)
Sakrand Sugar / Dec 5 Sakrand Sugar Mills Limited(SKRS)	9.94 ▲ 0.71 (7.69%)
Tariq Corporation / Dec 5 Tariq Corporation Limited(TCORP)	19.18 ▲ 1.34 (7.51%)
Matco Foods Ltd / Dec 5 Matco Foods Limited(MFL)	37.86 ▲ 2.64 (7.50%)

Stock	Price
Universal Ins. / Dec 5 The Universal Insurance Company Limited(UVIC)	6.45 ▼ -0.70 (-9.79%)
Power Cem(Pref) / Dec 5 Power Cement (Pref)(POWERPS)	7.80 ▼ -0.80 (-9.30%)
Unicap Modaraba / Dec 5 Unicap Modaraba(UCAPM)	1.81 ▼ -0.16 (-8.12%)
Universal Network (GEM) / Dec 5 Universal Network Systems Limited (GEM)(GEMUNSL)	26.11 ▼ -2.12 (-7.51%)
MithchellsFruit / Dec 5 Mitchells Fruit Farms Limited(MFFL)	225.64 ▼ -18.30 (-7.50%)
Otsuka Pakistan / Dec 5 Otsuka Pakistan Limited(OTSU)	159.25 ▼ -12.91 (-7.50%)
Olympia Mills / Dec 5 Olympia Mills Limited(OML)	16.31 ▼ -1.31 (-7.43%)
F.Credit & Inv / Dec 5 First Credit and Investment Bank Limited(FCIBL)	5.51 ▼ -0.43 (-7.24%)
Philip Morris Pak. / Dec 5 Philip Morris (Pakistan) Limited(PMPK)	510.70 ▼ -39.30 (-7.15%)
Saif Textile / Dec 5 Saif Textile Mills Limited(SAIF)	10.22 ▼ -0.77 (-7.01%)

Stock	Volume
Cnergyico PK / Dec 5 Cnergyico PK Limited(CNERGY)	58,087,694 ▲ 0.24
WorldCall Telecom / Dec 5 Worldcall Telecom Limited(WTL)	57,079,786 ▲ 0.01
Fauji Cement / Dec 5 Fauji Cement Company Limited(FCCL)	41,984,500 ▲ 0.28
Pak Refinery / Dec 5 Pakistan Refinery Limited(PRL)	30,480,397 ▲ 1.12
P.T.C.L. / Dec 5 Pakistan Telecommunication Company Ltd(PTC)	28,170,500 ▲ 0.47
Hascol Petrol / Dec 5 Hascol Petroleum Limited(HASCOL)	26,337,000 ▲ 0.36
Fauji Foods Ltd / Dec 5 Fauji Foods Limited(FFL)	26,128,740 ▲ 0.52
Oil & Gas Dev. / Dec 5 Oil & Gas Development Company Limited(OGDC)	23,810,103 ▼ -1.28
Pak Petroleum / Dec 5 Pakistan Petroleum Limited(PPL)	23,518,237 ▼ -0.58
Maple Leaf Cement / Dec 5 Maple Leaf Cement Factory Limited(MLCF)	22,423,667 ▲ 0.19

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 5	284.60
USD PKR Interbank Buying / Dec 5	284.20
USD to Japanese Yen / Dec 5	146.80
USD to Swiss Franc / Dec 5	0.87
Pound Sterling to USD / Dec 5	1.26
Euro to USD / Dec 5	1.08
UK LIBOR % / Dec 1	5.46

Stock	Volume
S&P 500 / Dec 4	4569.78
Nasdaq / Dec 4	14185.50
Dow Jones / Dec 4	36204.44
India Sensex / Dec 5	69356.82
Tokyo Nikkei / Dec 5	32782.14
Hang Seng / Dec 5	16405.25
FTSE 100 / Dec 5	7475.73
Germany DAX 30 / Dec 5	16399.89
France CAC40 / Dec 5	7341.86

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 1	17235
Gold 10 Grams PKR / Dec 4	191701
Crude Oil USD/Barrel / Dec 5	73
Gold Spot USD/Ounce / Dec 5	2033.31
Cotton US¢/pound / Dec 5	78.78

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