Trends - LNG market - Business Recorder

LNG market

LNG price respite

The energy commodity prices have come full circle. RLNG spot prices in the oft-quoted Japan-Korea Marker (JKM)...

Published 11 Jan, 2024 09:10am

BR Research

LNG: Inefficient pricing continues

Having gone up 25 percent in October alone – LNG prices stabilized for much of November – as earlier supply-side...

Published 28 Nov, 2023 08:35am

Markets

Global LNG: Asian spot LNG prices slip for sixth straight week

Asian spot liquefied natural gas (LNG) prices fell for the sixth straight week to their lowest level in more than...

Published 01 Jun, 2023 05:54pm

BR Research

LNG: end of long-term deals?

Energy markets have baffled observers like never before. While crude oil keeps finding a way to hold on, gas prices...

Published 30 May, 2023 08:52am

36 LNG spot cargoes: PLL seeks exemption from PPRA rules

ISLAMABAD: Fearing extreme volatility in the international market during the upcoming years, Pakistan LNG Limited...

Updated 15 Sep, 2022 10:01am

Markets

Global LNG: Asia spot prices ease as Nord Stream 1 flows resume; upside risk remains

LONDON: Asian spot liquefied natural gas (LNG) prices eased this week as concerns about a tight market eased after...

Published 22 Jul, 2022 06:41pm

Opinion

LNG procurement: global challenges

During the COP26 conference last November in Glasgow, LNG was identified as the transition fuel for migrating to the...

Published 20 Jul, 2022 05:48am

Markets

Global LNG: Asia spot prices stay high on summer demand, Nord Stream concerns

LONDON: Asian spot liquefied natural gas (LNG) prices remained at high levels this week on a summer demand pickup in...

Published 15 Jul, 2022 07:39pm

BR Research

The LNG conundrum

“Buy late in summers and early in winter”. This was the famous mantra pushed by some in the Pakistan media over...

Published 15 Jul, 2022 08:38am

Markets

Global LNG: Asia spot prices continue to rise on further market tightening

LONDON: Asian spot liquefied natural gas (LNG) continued its upward trend this week as fears of further market...

Updated 24 Jun, 2022 07:42pm

Markets

Pakistan LNG Ltd gets single bid from QatarEnergy at $39.80/mmbtu for July cargo

Pakistan had sought four cargoes from international suppliers

Updated 23 Jun, 2022 07:46pm

Markets

QatarEnergy, ConocoPhillips tie up for LNG expansion project

DOHA: QatarEnergy on Monday signed a deal with ConocoPhillips for the Gulf state’s North Field East expansion, the...

Published 20 Jun, 2022 04:50pm

Markets

Qatar Energy partners with Eni for North Field East LNG project

DOHA: Qatar Energy signed a partnership deal with Eni on Sunday for the North Field East expansion of the world’s...

Published 19 Jun, 2022 05:24pm

Markets

Qatar Energy will announce petrochemical project this week

DOHA: State-owned Qatar Energy will this week announce a petrochemical project, CEO Saad al-Kaabi said on Sunday...

Published 19 Jun, 2022 05:12pm

Markets

US natgas futures ease on lower demand forecasts

NEW YORK: US natural gas futures slid about 2% on Friday on forecasts for lower demand this week and next and...

Published 19 Jun, 2022 06:06am

BR Research

Costliest ever LNG

The import cost of 12 RLNG cargoes scheduled for May 2022 has been worked at $746 million. This is not even the...

Published 16 May, 2022 06:17am

Markets

Germany’s Uniper books more LNG capacity at Gate terminal

FRANKFURT: Germany’s Uniper will increase its liquefied natural gas (LNG) capacity rights at the Gate terminal in...

Published 17 Mar, 2022 04:53am

Markets

LNG market supply-demand balance to remain tight in 2022, says Shell

LONDON: The global liquefied natural gas (LNG) market is expected to remain tight this year following last year's...

Published 21 Feb, 2022 06:58pm

Opinion

LNG market and its challenges — I

Since the beginning of the last few decades, LNG has become an extremely popular source of energy and many countries...

Published 15 Jan, 2022 05:50am

BR Research

Gas crisis comes calling

ENI and Gunvor – two LNG trading suppliers have defaulted on the contractual obligation of supplying one cargo ...

Published 02 Nov, 2021 07:25am

Opinion

LNG sector in Pakistan - I

Pakistan is a relatively new player in global LNG market, but has quickly become a major importer. Depleting...

Published 29 Jul, 2021 04:48am

BR Research

Gas price spiral: Tough times ahead

It is not quite 2008 yet, but it is the closest since. Inflation fears around the globe are inching up with ever...

Published 01 Jul, 2021 07:25am

Business & Finance

Russia's first LNG refuelling ship completes sea trials

"The next stage will be the testing of systems for loading, storing and discharging of LNG," it said.
The shipping sector is under pressure to reduce carbon emissions and last year adopted stricter rules on sulphur content in marine fuel.

Published 28 May, 2021 07:06pm

Business & Finance

Total declares force majeure on Mozambique LNG after insurgent attacks

Force majeure follows Islamic State-linked attacks in March.
Total, Exxon and others have projects in Mozambique.
Mozambique was hoping to rival Qatar and Australian LNG.

Published 26 Apr, 2021 06:11pm

Markets

US natgas futures flat as mild weather offsets record LNG exports

On its second to last day as the front-month, gas futures for April delivery remained unchanged at $2.568 per million British thermal units (mmBtu) .
Traders noted the 200-day moving average has become a strong price floor or technical level of support. The front-month has not settled below the 200-day since September 2020.

Published 26 Mar, 2021 08:16pm

Markets

Russian LNG would be competitive at $3.7-$7 per 1mn BTU

Russia would compete with Qatar, Australia and the United States for customers in Asia, its target market, up to 2030, and their production costs are seen at $2.8-11 and $7-10 per 1 million BTU, respectively.
Russia plans to increase its LNG production to nearly 140 million tonnes LNG per year by 2035 from around 31 million tonnes last year and aims to have about 20% of the global market share by then.

Published 22 Mar, 2021 08:35pm

Markets

Russia's Sakhalin Energy makes changes to LNG output after equipment failure

It said it was also "optimising" production at the Lunskaya A offshore platform , which mainly produces gas for the LNG plant, and evaluating the impact on LNG loading schedules.
Sakhalin Energy produced and shipped record volumes of LNG in 2020 topping 11.6 million tonnes.

Published 05 Mar, 2021 07:28pm

New LNG deal signed; shipments to start in Jan

KARACHI: Pakistan has signed a new 10-year deal to import liquefied natural gas (LNG) from Qatar, a official said on...

Published 27 Feb, 2021 04:29am

Markets

US natgas futures slip 2pc as warmer weather allows output to return

That small decline comes despite forecasts for higher demand next week as liquefied natural gas (LNG) exports rise.
On their second to last day as the front-month, gas futures for March delivery fell 6.3 cents, or 2.1%, to $2.890 per million British thermal units.

Published 23 Feb, 2021 07:21pm

Markets

US natgas futures rise 2pc to a 1-week high on colder forecasts

On its second to last day as the front-month, gas futures for February delivery rose 5.2 cents, or 2.0%, to $2.654 per million British thermal units.
At-the-money implied volatility for the futures, a determinant of an option's premium, fell to 45.2%, its lowest since March.

Published 26 Jan, 2021 06:37pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 22	278.62
USD PKR Interbank Buying / May 22	278.42
USD to Japanese Yen / May 22	156.32
USD to Swiss Franc / May 22	0.91
Pound Sterling to USD / May 22	1.27
Euro to USD / May 22	1.09

Stock	Volume
S&P 500 / May 21	5321.41
Nasdaq / May 21	16832.63
Dow Jones / May 21	39872.99
India Sensex / May 22	74007.26
Tokyo Nikkei / May 22	38615.77
Hang Seng / May 22	19241.22
FTSE 100 / May 22	8384.69
Germany DAX 30 / May 22	18694.36

Item	Value
Gold 10 Grams PKR / May 21	213048
Crude Oil USD/Barrel / May 22	79.26
Karachi Cotton PKR/37.32 KG / May 22	19935
Gold Spot USD/Ounce / May 22	2413.48
Cotton US¢/pound / May 22	77.37
Petrol/Litre / May 23	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 23 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 23 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 23 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 23 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 23 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 23 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 23 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 23 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 23 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 23 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 23 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 23 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 23 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 23 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 23 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 23 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 23 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 23 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 23 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 23 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 23 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 23 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 23 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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