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LNG cargo

Pakistan LNG gets bids from OQ Trading, others for Jan import tender

SINGAPORE: Pakistan LNG Ltd has received bids from OQ Trading, QatarEnergy Trading, Trafigura and Vitol for a cargo...

Updated 24 Nov, 2023 10:40pm

Markets

Pakistan seeks LNG cargo for January

The tender will close on November 24, while the delivery window is January 8-9

Updated 20 Nov, 2023 10:21pm

Markets

Procuring LNG directly from Qatar: PM Shehbaz says policy developed for private businesses

Prime Minister Shehbaz Sharif on Monday said the government has developed a policy that would allow private...

Updated 24 Jul, 2023 03:48pm

Investment purposes: KSA, UAE showing keen interest in IT, agriculture: minister

ISLAMABAD: Minister of State for Petroleum Dr Musadiq Malik on Sunday said that Kingdom of Saudi Arabia and United...

Updated 03 Jul, 2023 08:57am

Markets

Asia LNG buyers rush to lock in long-term deals as market remains tense

KUALA LUMPUR: Asian buyers have rushed to lock in long-term liquefied natural gas (LNG) deals in the past months...

Published 27 Jun, 2023 05:54pm

LNG deal with Azerbaijan to help end gas crisis by next winter: Musadik

ISLAMABAD: State Minister for Petroleum Musadik Malik Wednesday assured that Pakistan’s Liquefied Natural Gas (LNG)...

Updated 22 Jun, 2023 08:59am

Markets

Pakistan LNG fails to secure cargoes for Oct-Dec: report

Pakistan LNG Limited (PLL), a government subsidiary that procures LNG from the international market, has not...

Updated 20 Jun, 2023 08:18pm

ECC advises PD: RLNG demand be firmed up 3 months in advance

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has advised Petroleum Division to ensure that...

Updated 17 Jun, 2023 08:48am

Business & Finance

More crude oil will be imported from Russia: Musadik

ISLAMABAD: Minister of State for Petroleum, Dr Musadik Malik on Tuesday said additional crude oil would be imported...

Published 14 Jun, 2023 06:21am

Business & Finance

Ogra reduces prices of imported LNG for Feb

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) on Monday announced a little reduction in imported LNG prices...

Published 14 Feb, 2023 05:58am

Markets

Global LNG: Asian spot prices extend downtrend, tracking lower prices in Europe

LONDON: Asian spot liquefied natural gas (LNG) prices fell for a sixth consecutive week due to weak trading activity...

Published 27 Jan, 2023 07:21pm

Markets

ENI unable to deliver Feb LNG cargo to Pakistan, declares force majeure

It has a 15-year deal to supply Pakistan LNG with one cargo a month from 2017 to 2032

Updated 26 Jan, 2023 04:28pm

Business & Finance

PSO says fuel being supplied across country smoothly

KARACHI: The Pakistan State Oil (PSO) has said there is no shortage of petroleum products in the country. In a...

Published 25 Jan, 2023 06:58am

Import of LNG: ECC is all set to approve PLL-SOCAR pact

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet is all set to approve the pact between Pakistan...

Updated 25 Jan, 2023 08:53am

Business & Finance

QatarEnergy to be the largest LNG trader over next 5-10 years

LONDON: QatarEnergy CEO and state minister for energy Saad al-Kaabi said on Wednesday that his company will become...

Published 05 Oct, 2022 06:18pm

Markets

Energy crisis: Pakistan fails to secure LNG contract

Back in August, PLL had invited bids for 72 LNG cargoes from international suppliers across a period of six years

Updated 04 Oct, 2022 05:34pm

Markets

Shell defers Prelude LNG turnaround due to industrial action

MELBOURNE: Shell Plc said on Monday it is deferring planned maintenance work at the Prelude floating liquefied...

Published 08 Aug, 2022 11:25am

Markets

Pakistan seeks 72 LNG cargoes for six years as energy woes bite

Wants one shipment per month from international suppliers

Updated 06 Aug, 2022 06:46pm

Markets

Power crisis: Pakistan's request for LNG fails, not a single offer received

PLL had invited bids for 10 LNG cargoes from international suppliers during the July-August-September window

Updated 07 Jul, 2022 08:37pm

Markets

NextDecade signs 20-year LNG supply deal with China's Guangdong Energy

NextDecade Corp will supply liquefied natural gas (LNG) to Chinese power generation company Guangdong Energy Group...

Published 06 Jul, 2022 06:16pm

Markets

Pakistan invites bids for 10 LNG cargoes in July-Sept as energy crisis deepens

Suppliers asked to submit bids by July 7

Updated 04 Jul, 2022 05:32pm

Markets

Global LNG: Asia spot prices jump, tracking sharp rise in Europe

LONDON: Asian spot liquefied natural gas (LNG) prices jumped this week, tracking a rise in European gas prices, on...

Published 17 Jun, 2022 05:33pm

Markets

Pakistan LNG invites bids for four cargoes in July

In a move to meet the country’s growing energy needs, Pakistan LNG Limited (PLL), a wholly-owned subsidiary of...

Updated 17 Jun, 2022 07:35pm

Govt buys spot LNG cargo for mid-May from Vitol

ISLAMABAD: Pakistan LNG Limited (PLL) on Friday purchased a spot liquefied natural gas cargo for May 17-18 delivery...

Updated 30 Apr, 2022 10:39am

Business & Finance

Pakistan LNG Limited invites bids for six LNG cargoes

PLL hopes to curb gas crisis in the country

Updated 18 Apr, 2022 05:44pm

Markets

‘Import of LNG under G-to-G from Qatar’ PSO underscores need for agreement ramp-up

ISLAMABAD: Pakistan State Oil (PSO) has proposed to the government to request Qatar Gas for early ramp-up of second...

Published 18 Feb, 2022 04:31am

Markets

Global LNG: Asian LNG prices stable but rises expected on colder weather

LONDON: Asian spot liquefied natural gas (LNG) stabilised this week but is expected to rise over the coming weeks as...

Published 11 Feb, 2022 06:32pm

Markets

Global LNG: Asian prices fall as Lunar New Year reduces trading

LONDON: Asian spot liquefied natural gas (LNG) fell this week, tracking gas prices in Europe, amid muted demand from...

Published 04 Feb, 2022 07:40pm

Opinion

LNG market & its challenges—II

Last summer, Pakistan (PSO) paid an exorbitant price of ~$20.06 per MMBtu, for a 138,000 MT of LNG cargo that was ...

Published 17 Jan, 2022 07:06am

EU blocks mega-merger of South Korean shipbuilders

BRUSSELS: The EU on Thursday blocked the merger of two South Korean ship-making giants over concerns the deal would...

Published 14 Jan, 2022 06:20am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Dec 3 786 Investments Limited(786)	5.85 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Dec 3 Al-Abbas Sugar Mills Limited(AABS)	501.13 ▼ 0.00 (0.00%)
Agro Allianz / Dec 3 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Dec 3 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Dec 3 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Dec 3 Allied Bank Limited(ABL)	85.40 ▼ 0.00 (0.00%)
Abbott Lab. / Dec 3 Abbott Laboratories (Pakistan) Limited(ABOT)	481.25 ▼ 0.00 (0.00%)
Abson Ind. / Dec 3 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Dec 3 Alfalah Consumer Index ETF.(ACIETF)	10.53 ▼ 0.00 (0.00%)
Attock Cement / Dec 3 Attock Cement Pakistan Limited(ACPL)	96.07 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Dec 3 786 Investments Limited(786)	5.85 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Dec 3 Al-Abbas Sugar Mills Limited(AABS)	501.13 ▲ 0.00 (0.00%)
Agro Allianz / Dec 3 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Dec 3 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Dec 3 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Dec 3 Allied Bank Limited(ABL)	85.40 ▲ 0.00 (0.00%)
Abbott Lab. / Dec 3 Abbott Laboratories (Pakistan) Limited(ABOT)	481.25 ▲ 0.00 (0.00%)
Abson Ind. / Dec 3 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Dec 3 Alfalah Consumer Index ETF.(ACIETF)	10.53 ▲ 0.00 (0.00%)
Attock Cement / Dec 3 Attock Cement Pakistan Limited(ACPL)	96.07 ▲ 0.00 (0.00%)

Stock	Volume
Maple Leaf Cement / Dec 3 Maple Leaf Cement Factory Limited(MLCF)	43,072,746 ▲ 0.00
Pak Elektron / Dec 3 Pak Elektron Limited(PAEL)	39,797,114 ▲ 0.00
Fauji Fert Bin / Dec 3 Fauji Fertilizer Bin Qasim Limited(FFBL)	27,568,000 ▲ 0.00
Fauji Cement / Dec 3 Fauji Cement Company Limited(FCCL)	27,255,000 ▲ 0.00
Hum Network / Dec 3 Hum Network Limited(HUMNL)	22,004,000 ▲ 0.00
WorldCall Telecom / Dec 3 Worldcall Telecom Limited(WTL)	17,256,413 ▲ 0.00
D.G.K.Cement / Dec 3 D.G. Khan Cement Company Limited(DGKC)	14,240,764 ▲ 0.00
Air Link Com. / Dec 3 Air Link Communication Limited(AIRLINK)	13,542,140 ▲ 0.00
Dewan Cement / Dec 3 Dewan Cement Limited(DCL)	12,062,500 ▲ 0.00
K-Electric Ltd. / Dec 3 K-Electric Limited(KEL)	10,296,343 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 1	285.15
USD PKR Interbank Buying / Dec 1	284.95
USD to Japanese Yen / Dec 1	146.82
USD to Swiss Franc / Dec 1	0.87
Pound Sterling to USD / Dec 1	1.27
Euro to USD / Dec 1	1.09
UK LIBOR % / Dec 1	5.46

Stock	Volume
S&P 500 / Dec 1	4594.63
India Sensex / Dec 1	67481.19
Tokyo Nikkei / Dec 1	33431.51
Nasdaq / Dec 1	14305.03
Hang Seng / Dec 1	16830.30
FTSE 100 / Dec 1	7529.35
Dow Jones / Dec 1	36245.50
Germany DAX 30 / Dec 1	16397.52
France CAC40 / Dec 1	7346.15

Item	Value
Crude Oil USD/Barrel / Dec 1	74.07
Karachi Cotton PKR/37.32 KG / Dec 1	17235
Gold 10 Grams PKR / Dec 1	189043
Gold Spot USD/Ounce / Dec 1	2072.22
Cotton US¢/pound / Dec 1	79.42

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