Trends - liquefied natural gas

liquefied natural gas

US natgas futures rise 5pc on colder forecasts, more heating demand

After falling for four days in a row, front-month gas futures rose 12.5 cents, or 5.1%, to $2.571 per million British thermal units.
Output in the Lower 48 US states averaged 91.2 billion cubic feet per day (bcfd) so far in January.

Published 25 Jan, 2021 08:42pm

Markets

Saudi Arabia remains China’s top oil supplier in 2020

BEIJING/SINGAPORE: Saudi Arabia, the world’s biggest oil exporter, beat Russia to keep its ranking as China’s ...

Published 24 Jan, 2021 03:32am

Markets

Pakistan LNG seeks more cargoes through emergency tender

Record high spot LNG prices due to freezing temperatures in North Asia are forcing emerging economies such as Pakistan to ration gas and seek alternative fuels.
Pakistan LNG, a government subsidiary that procures LNG from the international market, is seeking three cargoes for delivery over March 11 to 12.

Published 22 Jan, 2021 08:23pm

Markets

Buyers of US LNG expected to cancel up to five cargoes for March

But with temperatures expected to get warmer post-winter, spot prices for cargoes delivered into North Asia in March have fallen to less than half the average price of cargoes to be delivered in February.

Published 22 Jan, 2021 11:55am

Markets

Pakistan LNG seeks Feb cargoes again after supplier unable to deliver

The tender closes on Thursday, a second source said.

Published 20 Jan, 2021 12:02pm

Markets

Pakistan LNG seeks Feb cargoes again after supplier unable to deliver

Pakistan LNG, a government subsidiary that procures LNG from the international market, is seeking the cargoes for delivery over Feb. 15-16 and Feb. 23-24.
Pakistan LNG said on Saturday that a supplier, who had submitted the lowest offer in a buy tender that the company closed in late December.

Updated 19 Jan, 2021 11:14pm

Markets

Pakistan LNG seeks cargo for April delivery

It is seeking the cargo on a delivered ex-ship (DES) basis for delivery into Port Qasim, Karachi over April 9 to 10.

Published 19 Jan, 2021 07:21pm

Markets

US natural gas futures fall over 5pc on milder forecasts

That decline came despite near record liquefied natural gas (LNG) exports as global gas prices remain near their highest in years.
Front-month gas futures fell 14.6 cents, or 5.3%, to $2.591 per million British thermal units.

Published 19 Jan, 2021 07:07pm

Markets

Pakistan opens bids for 20 onshore petroleum exploration blocks

The minimum investment to be carried out by the exploration and production (E&P) companies in these blocks for prospecting will be over $71 million in three years.
The move to grant licences for discovery comes after a gap of several years as the country is facing depleting gas reserves.

Published 15 Jan, 2021 07:54pm

Business & Finance

Nord Stream 2 says work in Danish waters to resume on Jan. 15, TASS reports

A Danish maritime regulator said last month construction work would resume in Danish waters in mid-January.
he United States also plans to increase sales of shipments of its liquefied natural gas (LNG) to Europe.

Published 14 Jan, 2021 08:48pm

Markets

US natural gas edges up despite mild forecasts ahead of storage report

last week's decrease would cut stockpiles to 3.202 trillion cubic feet (tcf), which would still be about 7.5% above the five-year average of around 2.978 tcf for this time of year.
Front-month gas futures rose 1.5 cents, or 0.6%, to $2.742 per million British thermal units.

Published 14 Jan, 2021 07:38pm

Markets

India's IOC cancels LNG import tender due to higher prices

One the of sources said offers were made at current spot rate of about $30/million British thermal units, which is "unaffordable" to Indian customers.

Published 13 Jan, 2021 08:50pm

Markets

US natural gas surge 2pc to 6-week high on soaring global prices

Front-month gas futures rose 6.4 cents, or 2.3%, to $2.817 per million British thermal units.
Data provider Refinitiv said output in the Lower 48 US states averaged 91.5 billion cubic feet per day (bcfd) so far in January.

Published 13 Jan, 2021 07:43pm

Markets

Freezing temperatures push Asian gas prices to new records

If the cold weather abates, prices may be near a peak as demand for heating fuel diminishes, traders and analysts said. Temperatures are expected to rise to above-average in Tokyo, Beijing, Seoul and Shanghai over the next few weeks, weather data from Refinitiv Eikon showed.

Published 13 Jan, 2021 11:09am

Markets

Freezing temperatures push Asian gas prices to new records

Spot LNG prices in Asia rise to $28/mmBtu – Platts.
Temperatures expected to become milder soon.
Supply uptick seen in Qatar, Russia and US.
Dutch TTF gas prices near three-year highs.

Published 12 Jan, 2021 08:17pm

Markets

Global natural gas production down 3.6pc in 2020

Output fell to 3,918 billion cubic metres (bcm) with North American production hardest hit, Rystad Energy estimates showed, lower than a previous estimate.
Reflecting the impact of lockdowns to curb the spread of the coronavirus, demand in Europe fell by 7%, or 40 bcm

Published 11 Jan, 2021 05:37pm

Markets

Russia's Sakhalin Energy produces record 11.6mn tonne of LNG in 2020

The company supplies LNG to the Asia-Pacific with major customers in Japan, South Korea, Taiwan, and China.
Equity holders in Sakhalin Energy include Gazprom, Royal Dutch Shell, and Japan's Mitsui and Mitsubishi Corp.

Published 06 Jan, 2021 07:03pm

Markets

US natgas futures set for best year since 2016

Front-month natural gas futures for February delivery rose 5.9 cents, or 2.4%, to $2.481 per million British thermal units.
Couple that insight with today being the last trading day of 2020 and we are seeing increased volatility early in the session.

Published 31 Dec, 2020 09:02pm

Markets

China's November gasoline exports off peak, LNG imports at record high

November gasoline exports fell 31.6% from a year earlier to 1.26 million tonnes, off October's record 1.91 million tonnes, according to China's General Administration of Customs.

Published 24 Dec, 2020 10:06am

Markets

UK GAS-Gas prices ease on lower demand, higher Norway flows

The day-ahead contract was down 0.15 pence at 45.35 p/therm by 0940 GMT, and further off its highest point since Feb. 2019 of 47.50 p/therm hit on Tuesday.

Published 16 Dec, 2020 05:28pm

Markets

LNG tankers heading to Britain, Belgium and the Netherlands

Estimated arrival dates, often revised by port authorities and AIS Live ship-tracking data on Refinitiv Eikon, are updated below.

Published 16 Dec, 2020 04:36pm

Markets

UK GAS-Soaring LNG markets pull prices to near two-year highs

The within-day contract was 1.4 pence higher at 47 p/therm at 1013 GMT, up around 15pc in the last week and its highest since February 2019.

Published 15 Dec, 2020 03:40pm

Markets

U.S. natgas futures rise on colder weather view, soaring LNG exports

Data provider Refinitiv said output in the Lower 48 U.S. states averaged 90.8 billion cubic feet per day so far in December.

Published 14 Dec, 2020 08:13pm

Markets

LNG tankers heading to Britain, Belgium and the Netherlands

Estimated arrival dates, often revised by port authorities and AIS Live ship-tracking data on Refinitiv Eikon, are updated below.

Published 11 Dec, 2020 07:31pm

Markets

LNG tankers heading to Britain, Belgium and the Netherlands

Estimated arrival dates, often revised by port authorities and AIS Live ship-tracking data on Refinitiv Eikon, are updated below.

Published 10 Dec, 2020 04:47pm

Markets

LNG tankers heading to Britain, Belgium and the Netherlands

Estimated arrival dates, often revised by port authorities and AIS Live ship-tracking data on Refinitiv Eikon, are updated below.

Published 09 Dec, 2020 08:56pm

Markets

Asian spot LNG prices jump on supply issues, shipping rates

Supply issues in Australia and Qatar are also boosting spot prices, though these are expected to be temporary, traders said.

Published 09 Dec, 2020 09:46am

Markets

LNG tankers heading to Britain, Belgium and the Netherlands

Estimated arrival dates, often revised by port authorities and AIS Live ship-tracking data on Refinitiv Eikon, are updated below.

Published 08 Dec, 2020 05:08pm

Markets

Asian spot LNG prices jump on supply issues, shipping rates

With spot prices in Asia rising, traders are diverting cargoes from Europe to the region, while congestion in the Panama Canal also caused shipping rates to rise, the traders said.

Published 08 Dec, 2020 04:05pm

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Stock	Price
Dewan Sugar / Jul 1 Dewan Sugar Mills Limited(DWSM)	2.99 ▲ 0.80 (36.53%)
Yousuf Weaving / Jul 1 Yousaf Weaving Mills Limited(YOUW)	5.51 ▲ 0.56 (11.31%)
Ashfaq Textile / Jul 1 Ashfaq Textile Mills Limited(ASHT)	8.90 ▲ 0.90 (11.25%)
Azgard Nine / Jul 1 Azgard Nine Limited(ANL)	11.28 ▲ 1.00 (9.73%)
Tri-Star Power / Jul 1 Tri-Star Power Limited(TSPL)	3.79 ▲ 0.29 (8.29%)
Sanofi-Aventis / Jul 1 Sanofi-Aventis Pakistan Limited(SAPL)	1148.48 ▲ 80.12 (7.50%)
Bolan Casting / Jul 1 Bolan Castings Limited(BCL)	53.55 ▲ 3.73 (7.49%)
K.S.B.Pumps / Jul 1 KSB Pumps Company Limited(KSBP)	142.14 ▲ 9.91 (7.49%)
MithchellsFruit / Jul 1 Mitchells Fruit Farms Limited(MFFL)	91.69 ▲ 6.39 (7.49%)
Allawasaya Tex / Jul 1 Allawasaya Tex. & Finishing Mills Ltd(AWTX)	1525.00 ▲ 106.00 (7.47%)

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F.Treet Manuf / Jul 1 First Treet Manufacturing Modaraba(FTMM)	9.78 ▲ -1.00 (-9.28%)
Husein Sug.Convert.Pref. / Jul 1 Husein Sugar Mills Ltd Convertible Preference Shares(HSMCPS)	4.99 ▲ -0.51 (-9.27%)
AEL Textile / Jul 1 AEL Textile Limited(AEL)	12.95 ▲ -1.05 (-7.50%)
Ellcot Spinning / Jul 1 Ellcot Spinning Mills Limited(ELSM)	150.77 ▲ -12.22 (-7.50%)
TPL Insurance / Jul 1 TPL Insurance Limited(TPLI)	31.21 ▲ -2.53 (-7.50%)
Bank Of Khyber / Jul 1 The Bank of Khyber(BOK)	13.92 ▲ -1.08 (-7.20%)
Pak Gen.Ins. / Jul 1 The Pakistan General Insurance Co. Ltd.(PKGI)	10.16 ▲ -0.77 (-7.04%)
Kohinoor Mills / Jul 1 Kohinoor Mills Limited(KML)	25.00 ▲ -1.75 (-6.54%)
Jahangir Sidd(Pref) / Jul 1 Jahangir Sidd(Pref)(JSCLPSA)	7.50 ▲ -0.44 (-5.54%)
Quice Food / Jul 1 Quice Food Industries Limited(QUICE)	3.82 ▲ -0.19 (-4.74%)

Stock	Volume
Agritech Limited / Jul 1 Agritech Limited(AGL)	9,614,500 ▼ 0.00
Yousuf Weaving / Jul 1 Yousaf Weaving Mills Limited(YOUW)	5,016,500 ▼ 0.00
Kohinoor Spining / Jul 1 Kohinoor Spinning Mills Limited(KOSM)	4,705,000 ▼ 0.00
G3 Technologies / Jul 1 G3 Technologies Limited(GTECH)	4,358,000 ▼ 0.00
Azgard Nine / Jul 1 Azgard Nine Limited(ANL)	4,332,500 ▼ 0.00
TPL Properties / Jul 1 TPL Properties Limited(TPLP)	3,891,837 ▼ 0.00
Sui North Gas / Jul 1 Sui Northern Gas Pipelines Limited(SNGP)	2,448,092 ▼ 0.00
WorldCall Telecom / Jul 1 Worldcall Telecom Limited(WTL)	2,072,000 ▼ 0.00
Pak Int.Bulk / Jul 1 Pakistan International Bulk Terminal(PIBTL)	2,010,000 ▼ 0.00
Pak Refinery / Jul 1 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 / Jun 30	135.30
USD to Swiss Franc / Jun 30	0.96
Pound Sterling to USD / Jun 30	1.21
Euro to USD / Jun 30	1.05
UK LIBOR % / Jun 30	1.57

Stock	Volume
S&P 500 / Jun 30	3785.38
India Sensex / Jun 30	53018.94
Tokyo Nikkei / Jun 30	26186.80
Nasdaq / Jun 30	11028.73
Hang Seng / Jun 30	21859.79
FTSE 100 / Jun 30	7169.28
Dow Jones / Jun 30	30775.43
Germany DAX 30 / Jun 30	12783.77
France CAC40 / Jun 30	5922.86

Item	Value
Crude Oil USD/Barrel / Jun 30	106.11
Karachi Cotton PKR/37.32 KG / Jun 30	18180.00
Gold 10 Grams PKR / Jun 30	120000.00
Gold Spot USD/Ounce / Jun 30	1805.60
Cotton US¢/pound / Jun 30	97.14

liquefied natural gas

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