Trends - LNG prices - Business Recorder

LNG prices

APCNGA seeks import of private LNG

ISLAMABAD: The central leader of All Pakistan CNG Association (APCNGA) has said on Saturday that the private sector...

Published 15 May, 2022 06:23am

Markets

US natgas futures gain on storage worries

NEW YORK: US natural gas futures jumped about 3% on Tuesday on expectations that recent declines in output will...

Published 28 Apr, 2022 06:31am

Markets

US natural gas down

NEW YORK: US natural gas futures fell more than 6% to a one-week low on Tuesday on rising output and forecasts for...

Published 10 Mar, 2022 07:30am

Markets

Cherniere expects more long-term LNG supply deals in volatile market

HOUSTON: Top US exporter of liquefied natural gas Cheniere Energy Inc on Thursday said high prices and an...

Published 25 Feb, 2022 06:19am

Markets

Pakistan gets bids for only one of two March LNG tenders

Pakistan LNG did not receive any offers to import a cargo for March 2-3 delivery

Updated 22 Feb, 2022 07:26pm

Markets

Qatar LNG exports down on mega trains outage

LONDON: Exports of liquefied natural gas (LNG) from Qatar's Ras Laffan liquefaction plant have been lower over the...

Published 18 Feb, 2022 05:23pm

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

Markets

Asian LNG prices fall on European market decline, outlook still bullish

LONDON: Asian liquefied natural gas (LNG) prices fell this week on muted Asian demand and a drop in European gas...

Published 31 Dec, 2021 06:50am

Domestic gas consumers: There will be no supply of LNG on ‘lower’ rates: Hammad

ISLAMABAD: Federal Energy Minister Hammad Azhar said on Friday that the government would not supply imported...

Updated 25 Dec, 2021 10:07am

Opinion

Glasgow agreement and Pakistan—I

Glasgow Climate Conference has ended with a renewed commitment of 200 nations to climate change goals amid ...

Published 25 Nov, 2021 03:53am

BR Research

HSD and FO lead consumption growth

October saw the highest ever average petrol and HSD price in history. Many feared the demand would be checked as...

Published 12 Nov, 2021 07:30am

World

‘Cash machine’ BP boosts share buyback as profit surges

LONDON: BP added more than a billion dollars to its share buyback programme on Tuesday as it likened itself to a...

Published 03 Nov, 2021 03:54am

Pakistan LNG receives no offers for Dec-Jan buy tender

SINGAPORE: Pakistan LNG did not receive any offers in a tender seeking eight liquefied natural gas (LNG) cargoes for...

Updated 12 Oct, 2021 09:46am

Pakistan

TAPI project agreement: NA body for removing obstacles

ISLAMABAD: The National Assembly Standing Committee on Foreign Affairs, on Thursday, asked the government to take...

Published 08 Oct, 2021 04:30am

Markets

Chinese buyers seek to boost LNG imports for winter despite record prices

SINGAPORE: Chinese buyers are seeking more liquefied natural gas (LNG) cargoes despite record prices, bidding above...

Published 01 Oct, 2021 01:39pm

Markets

LNG prices stabilise, but demand still firm for winter

Bangladesh, Jordan seeking cargoes for Oct
Drop in European gas prices weighs on Asian prices

Published 17 Sep, 2021 03:48pm

Markets

Oil sales increase by 26pc on YoY basis

KARACHI: Pakistan oil sales have increased by 26 percent on year-on-year basis to 1.97 million tons, which is the...

Published 03 Sep, 2021 04:58am

Govt steps up oil and gas imports

SINGAPORE/ISLAMABAD: Pakistan has stepped up its oil and gas imports this year from last year as demand from its...

Published 02 Sep, 2021 04:33am

PSO yet to take decision on LNG purchase

ISLAMABAD: Pakistan State Oil (PSO) has yet to take a decision either to award a bid of $25 per million British...

Updated 22 Aug, 2021 01:48pm

Opinion

North-South pipeline: some proposals

A new gas transmission pipeline to transmit imported RLNG from Port Qasim to Lahore is under active discussion; it ...

Published 12 Aug, 2021 04:34am

Editorials

Glitches in petroleum supply

EDITORIAL: As per media reports, petrol stocks are reaching a critical level and there is a fear that a shortage may...

Published 06 Aug, 2021 04:18am

Tarin directs ministry to import 2m tons of wheat

ISLAMABAD: A meeting of the National Price Monitoring Committee (NPMC) presided over by Finance Minister Shaukat...

Updated 03 Aug, 2021 10:06am

Markets

Asian LNG prices rise on strong demand

SINGAPORE: Asian spot prices for liquefied natural gas (LNG) rose for a second consecutive week and touched their...

Published 05 Jun, 2021 04:08am

Higher LNG prices: SBP for pooling mechanism to pass on impact to consumers

KARACHI: The State Bank of Pakistan (SBP) has asked the government for an appropriate price pooling mechanism to ...

Published 04 Jun, 2021 05:06am

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

Markets

Spot Asia LNG prices rally

LAUNCESTON, (Australia) The price of spot liquefied natural gas (LNG) for delivery to north Asia has started its...

Published 05 May, 2021 04:01am

BR Research

KAPCO – earnings slip with utilization

Kot Addu Power Company Limited (PSX: KAPCO) announced its financial performance for 9MFY21 last week where its...

Published 27 Apr, 2021 07:35am

Markets

As Asia LNG price retreats, China storage looms as key issue: Russell

The first is that a spike in demand on the back of something unexpected can overwhelm available supply, even if the market is in a slight oversupply situation on an annual basis as a whole.

Published 02 Mar, 2021 01:24pm

Markets

US natgas futures slide to 4-week low on milder weather, rising output

Front-month gas futures fell 4.8 cents, or 1.7%, to $2.729 per million British thermal units.
For the week, the contract was down almost 12% after rising around 5% last week. For the month, however, it was still up about 6% after gaining 1% in January.

Published 26 Feb, 2021 08:13pm

Markets

US natgas ease on forecasts for reprieve from cold snap

Front-month gas futures fell 1.8 cents, or 0.6%, to $3.111 per million British thermal units.
"Storage is going to get drawn down significantly over the next two weeks."

Published 17 Feb, 2021 09:21pm

Gainers
Losers
Leaders

Stock	Price
HBL Invest Fund / May 24 HBL Investment Fund(HIFA)	2.48 ▲ 0.29 (13.24%)
Khurshid Spinning / May 24 Khurshid Spinning Mills Limited(KHSM)	9.65 ▲ 1.00 (11.56%)
Zephyr Textile / May 24 Zephyr Textiles Limited(ZTL)	11.50 ▲ 1.00 (9.52%)
Dadex Eternit / May 24 Dadex Eternit Limited(DADX)	78.12 ▲ 5.45 (7.50%)
Imperial Limited / May 24 Imperial Limited(IML)	14.99 ▲ 1.04 (7.46%)
Bal. Wheel / May 24 Baluchistan Wheels Limited(BWHL)	79.34 ▲ 5.49 (7.43%)
Cordoba Logistics / May 24 Cordoba Logistics & Ventures Limited(CLVL)	13.75 ▲ 0.95 (7.42%)
Ahmad Hassan / May 24 Ahmad Hassan Textile Mills Limited(AHTM)	48.70 ▲ 3.32 (7.32%)
Bhanero Tex. / May 24 Bhanero Textile Mills Limited(BHAT)	1525.00 ▲ 102.45 (7.20%)
KASB Modaraba / May 24 KASB Modaraba(KASBM)	1.87 ▲ 0.12 (6.86%)

Stock	Price
First Pak Mod. / May 24 First Pak Modaraba(PAKMI)	2.60 ▲ -0.70 (-21.21%)
SME Leasing Ltd / May 24 SME Leasing Limited(SLL)	2.05 ▲ -0.40 (-16.33%)
Bilal Fibres / May 24 Bilal Fibres Limited(BILF)	2.10 ▲ -0.30 (-12.50%)
Escorts Bank / May 24 Escorts Investment Bank Limited(ESBL)	6.05 ▲ -0.70 (-10.37%)
D.S. Ind. Ltd. / May 24 D.S. Industries Limited(DSIL)	4.00 ▲ -0.45 (-10.11%)
PICIC Ins.Ltd. / May 24 PICIC Insurance Limited(PIL)	0.81 ▲ -0.09 (-10.00%)
TPL Trakker Ltd / May 24 TPL Trakker Limited(TPLT)	9.50 ▲ -1.00 (-9.52%)
Reliance Ins. / May 24 Reliance Insurance Company Limited(RICL)	5.20 ▲ -0.45 (-7.96%)
Ist.Dawood Bank / May 24 First Dawood Investment Bank Limited(FDIBL)	2.15 ▲ -0.18 (-7.73%)
Gatron Ind. / May 24 Gatron (Industries) Limited(GATI)	407.00 ▲ -32.99 (-7.50%)

Stock	Volume
Silk Bank Ltd / May 24 Silkbank Limited(SILK)	9,889,000 ▼ 0.00
WorldCall Telecom / May 24 Worldcall Telecom Limited(WTL)	7,571,500 ▼ 0.00
K-Electric Ltd. / May 24 K-Electric Limited(KEL)	6,109,500 ▼ 0.00
Ghani Glo Hol / May 24 Ghani Global Holdings Limited(GGL)	5,998,597 ▼ 0.00
Cnergyico PK / May 24 Cnergyico PK Limited(CNERGY)	5,449,620 ▼ 0.00
Pak Refinery / May 24 Pakistan Refinery Limited(PRL)	5,014,240 ▼ 0.00
Hum Network / May 24 Hum Network Limited(HUMNL)	4,997,000 ▼ 0.00
Maple Leaf / May 24 Maple Leaf Cement Factory Limited(MLCF)	4,924,900 ▼ 0.00
Pak Elektron / May 24 Pak Elektron Limited(PAEL)	3,962,500 ▼ 0.00
Telecard Limited / May 24 Telecard Limited(TELE)	3,752,000 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 20	200.20
USD PKR Interbank Buying / May 20	199.80
USD to Japanese Yen / May 20	127.88
USD to Swiss Franc / May 20	0.97
Pound Sterling to USD / May 20	1.25
Euro to USD / May 20	1.06
UK LIBOR % / May 20	0.82

Stock	Volume
S&P 500 / May 20	3901.36
India Sensex / May 20	54326.39
Tokyo Nikkei / May 20	26739.03
Nasdaq / May 20	11354.62
Hang Seng / May 20	20717.24
FTSE 100 / May 20	7389.98
Dow Jones / May 20	31261.90
Germany DAX 30 / May 20	13981.91
France CAC40 / May 20	6285.24

Item	Value
Crude Oil / May 20	113.23
Karachi Cotton Assoc. / May 20	21180.00
Gold 10 Grams / May 20	115200.00
Gold Spot / May 20	1846.50
Cotton / May 20	125.18

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