Trends - GAS - Business Recorder

GAS

Signing ceremony of petroleum licences: Major step taken to help attract investment

ISLAMABAD: Federal Minister for Energy Muhammad Hammad Azhar graced the signing ceremony of Petroleum...

Published 24 Apr, 2021 03:21am

Pakistan

Govts should provide relief to masses: Zahid

KARACHI: Chairman of National Business Group and President Pakistan Businessmen and Intellectuals Forum Mian Zahid...

Published 21 Apr, 2021 03:21am

Markets

Cap on dividend distribution removed: MPCL

KARACHI: Mari Petroleum Company Limited (MPCL) has announced that an amendment agreement to Mari Wellhead Gas ...

Published 20 Apr, 2021 03:59am

Opinion

Prospects of increased transshipment trade

Despite having a huge idle capacity at ports Pakistan will still find it difficult to attract transshipment trade...

Published 18 Apr, 2021 03:09am

Generation capacity to be expanded only on 2 bases

ISLAMABAD: The federal government has reportedly decided to expand generation capacity only on competitive and least...

Published 18 Apr, 2021 03:09am

Opinion

Gas allocation policy: A skewed priority and a vicious cycle

Pakistan’s gas allocation policy caters to winning votes rather than what is right for its economy or bringing its...

Published 15 Apr, 2021 03:22am

Markets

SAPM visits Ogra head office

ISLAMABAD: Special Assistant to the Prime Minister (SAPM) on Petroleum Tabish Gauhar visited the Oil and Gas...

Published 09 Apr, 2021 04:51am

Pakistan

Ban on gas supply to Sindh’s industries: Dharejo accuses Centre of biased attitude

HYDERABAD: Provincial Minister for Industries, Commerce, Anti-Corruption and Cooperative Department, Ikramullah...

Updated 08 Apr, 2021 09:13am

Pakistan

MQM-P urges federal govt to reduce inflation

KARACHI: The Muttahida Qaumi Movement-Pakistan (MQM-P) demanded of the federal government on Tuesday to reduce ...

Updated 07 Apr, 2021 09:54am

Opinion

S Korea steel giant POSCO weighs how to exit Myanmar military-backed venture

Giant South Korea steelmaker POSCO has begun reviewing how it might end a joint venture with a firm controlled by ...

Published 06 Apr, 2021 04:23am

Business & Finance

SSGC MD assures Site body: Industrial sector’s issues to be resolved

KARACHI: Managing Director of Sui Southern Gas Company Ltd Imran Maniar visited Site Association and met with Zubair...

Published 02 Apr, 2021 04:58am

World

PipeChina to start operating gas lines

SINGAPORE: PipeChina will start operating four major gas pipelines and a liquefied natural gas (LNG) terminal from...

Updated 01 Apr, 2021 09:09am

Business & Finance

Five more export associations: FBR seeks concessionary tariff on power/gas supply

ISLAMABAD: The Federal Board of Revenue (FBR) has asked the power distributing companies to allow concessionary...

Published 31 Mar, 2021 05:42am

Markets

U.S. natgas futures fall on projections for lower heating demand

Gas futures for April delivery on the New York Mercantile Exchange settled up 1.1pc at $2.586 per mmBtu on Monday.

Published 31 Mar, 2021 01:27am

Markets

European stocks up

ROTTERDAM/LONDON: European stocks edged higher in a choppy session on Monday, weighed down by Credit Suisse shares,...

Published 30 Mar, 2021 05:45am

Business & Finance

Increase in oil, gas, electricity rates should be avoided: UBG

KARACHI: Patron in Chief of United Business Group (UBG) and Former President of FPCCI, S M Muneer has emphasised ...

Published 30 Mar, 2021 05:45am

World

Anger as UK fails to rule out further North Sea drilling

LONDON: The British government on Wednesday angered environmentalists by saying it could license further oil and gas...

Published 25 Mar, 2021 05:08am

Pakistan

Tariff hike: Govt should reject application of gas companies: Zahid

KARACHI: National Business Group chairman and Pakistan Businessmen and Intellectuals Forum president Mian Zahid...

Published 23 Mar, 2021 04:37am

Piped network expansion: PD seeks rationalisation of gas price structure

ISLAMABAD: The Petroleum Division has asked for rationalizing gas price structure aimed at enabling gas companies to...

Published 23 Mar, 2021 04:37am

Markets

Resolving crises: Expert suggests cut in interest rate, energy tariffs

KARACHI: “If we have to seriously pull out the country from crises, two radical decisions have to be made,...

Published 21 Mar, 2021 04:05am

Pakistan

LPG cylinders: Overcharging, less filling an offence: Ogra

ISLAMABAD: Over-charging and less filling of LPG cylinders is an offence, said Oil and gas regulatory authority...

Published 20 Mar, 2021 04:39am

Opinion

Qatar tightens global gas market grip with bold expansion moves

Qatar Petroleum, the world’s top liquefied natural gas (LNG) producer, is cranking up the pressure on high-cost...

Published 17 Mar, 2021 04:45am

Business & Finance

Electricity, gas and POL products: ‘Continuous rise in prices will lead to economic weakness’

KARACHI: United Business Group (UBG) patron in chief and former president of FPCCI S M Muneer said the continuous...

Updated 17 Mar, 2021 09:42am

Pakistan

Strategic underground gas storage: Feasibility study to be completed by May

ISLAMABAD: Cognizant of the increased consumption of gas during the winter season, the government is working on...

Updated 15 Mar, 2021 09:58am

Ogra recommends increase in POL products’ prices

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has recommended the government to increase the ex-depot ...

Published 15 Mar, 2021 05:22am

Markets

LPG imports, its local supplies: Standard rate of 17pc ST may be imposed from July 1

ISLAMABAD: The government is likely to impose standard rate of 17 percent sales tax on Liquified Petroleum Gas (LPG)...

Published 13 Mar, 2021 04:28am

Business & Finance

Further steps being taken for power generation and supply, says Babar

The Policy is aimed at the utilization of coal reserves especially at Thar coalfield to generate alternative fuels from coal such as synthetic gas and diesel to reduce the heavy reliance on imported fuels.

Published 11 Mar, 2021 12:12pm

Weighted average prices of RLNG reduced

ISLAMABAD: Oil and Gas Regulatory Authority (Ogra) has reduced the weighted average prices of RLNG for consumers of...

Published 06 Mar, 2021 05:01am

Markets

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (March 3, 2021)....

Published 04 Mar, 2021 04:58am

Business & Finance

Dubai scores another Guinness World Records entry for a Gas Project

The Jebel Ali complex of the Dubai Electricity and Water Authority (DEWA) has been recognized as the largest single-site natural gas power generation facility in the world.

Published 02 Mar, 2021 01:54pm

Gainers
Losers
Leaders

Stock	Price
Dewan Sugar / Jul 2 Dewan Sugar Mills Limited(DWSM)	2.99 ▲ 0.80 (36.53%)
Yousuf Weaving / Jul 2 Yousaf Weaving Mills Limited(YOUW)	5.51 ▲ 0.56 (11.31%)
Ashfaq Textile / Jul 2 Ashfaq Textile Mills Limited(ASHT)	8.90 ▲ 0.90 (11.25%)
Azgard Nine / Jul 2 Azgard Nine Limited(ANL)	11.28 ▲ 1.00 (9.73%)
Tri-Star Power / Jul 2 Tri-Star Power Limited(TSPL)	3.79 ▲ 0.29 (8.29%)
Sanofi-Aventis / Jul 2 Sanofi-Aventis Pakistan Limited(SAPL)	1148.48 ▲ 80.12 (7.50%)
Bolan Casting / Jul 2 Bolan Castings Limited(BCL)	53.55 ▲ 3.73 (7.49%)
K.S.B.Pumps / Jul 2 KSB Pumps Company Limited(KSBP)	142.14 ▲ 9.91 (7.49%)
MithchellsFruit / Jul 2 Mitchells Fruit Farms Limited(MFFL)	91.69 ▲ 6.39 (7.49%)
Allawasaya Tex / Jul 2 Allawasaya Tex. & Finishing Mills Ltd(AWTX)	1525.00 ▲ 106.00 (7.47%)

Stock	Price
F.Treet Manuf / Jul 2 First Treet Manufacturing Modaraba(FTMM)	9.78 ▲ -1.00 (-9.28%)
Husein Sug.Convert.Pref. / Jul 2 Husein Sugar Mills Ltd Convertible Preference Shares(HSMCPS)	4.99 ▲ -0.51 (-9.27%)
AEL Textile / Jul 2 AEL Textile Limited(AEL)	12.95 ▲ -1.05 (-7.50%)
Ellcot Spinning / Jul 2 Ellcot Spinning Mills Limited(ELSM)	150.77 ▲ -12.22 (-7.50%)
TPL Insurance / Jul 2 TPL Insurance Limited(TPLI)	31.21 ▲ -2.53 (-7.50%)
Bank Of Khyber / Jul 2 The Bank of Khyber(BOK)	13.92 ▲ -1.08 (-7.20%)
Pak Gen.Ins. / Jul 2 The Pakistan General Insurance Co. Ltd.(PKGI)	10.16 ▲ -0.77 (-7.04%)
Kohinoor Mills / Jul 2 Kohinoor Mills Limited(KML)	25.00 ▲ -1.75 (-6.54%)
Jahangir Sidd(Pref) / Jul 2 Jahangir Sidd(Pref)(JSCLPSA)	7.50 ▲ -0.44 (-5.54%)
Quice Food / Jul 2 Quice Food Industries Limited(QUICE)	3.82 ▲ -0.19 (-4.74%)

Stock	Volume
Agritech Limited / Jul 2 Agritech Limited(AGL)	9,614,500 ▼ 0.00
Yousuf Weaving / Jul 2 Yousaf Weaving Mills Limited(YOUW)	5,016,500 ▼ 0.00
Kohinoor Spining / Jul 2 Kohinoor Spinning Mills Limited(KOSM)	4,705,000 ▼ 0.00
G3 Technologies / Jul 2 G3 Technologies Limited(GTECH)	4,358,000 ▼ 0.00
Azgard Nine / Jul 2 Azgard Nine Limited(ANL)	4,332,500 ▼ 0.00
TPL Properties / Jul 2 TPL Properties Limited(TPLP)	3,891,837 ▼ 0.00
Sui North Gas / Jul 2 Sui Northern Gas Pipelines Limited(SNGP)	2,448,092 ▼ 0.00
WorldCall Telecom / Jul 2 Worldcall Telecom Limited(WTL)	2,072,000 ▼ 0.00
Pak Int.Bulk / Jul 2 Pakistan International Bulk Terminal(PIBTL)	2,010,000 ▼ 0.00
Pak Refinery / Jul 2 Pakistan Refinery Limited(PRL)	1,717,062 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 30	204.90
USD PKR Interbank Buying / Jun 30	204.70
USD to Japanese Yen / Jul 1	135.21
USD to Swiss Franc / Jul 1	0.96
Pound Sterling to USD / Jul 1	1.21
Euro to USD / Jul 1	1.04
UK LIBOR % / Jul 1	1.58

Stock	Volume
S&P 500 / Jul 1	3825.33
India Sensex / Jul 1	52907.93
Tokyo Nikkei / Jul 1	26935.62
Nasdaq / Jul 1	11127.84
Hang Seng / Jul 1	21859.79
FTSE 100 / Jul 1	7168.65
Dow Jones / Jul 1	31097.26
Germany DAX 30 / Jul 1	12813.03
France CAC40 / Jul 1	5931.06

Item	Value
Crude Oil USD/Barrel / Jul 1	108.43
Karachi Cotton PKR/37.32 KG / Jul 1	17380.00
Gold 10 Grams PKR / Jul 1	119100.00
Gold Spot USD/Ounce / Jul 1	1811.43
Cotton US¢/pound / Jul 1	97.48

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