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LNG prices

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

Markets

US natural gas futures ease on less cold late February forecasts

Front-month gas futures fell 4.8 cents, or 1.7%, to $2.787 per million British thermal units.
Data provider Refinitiv said output in the Lower 48 US states has averaged 90.2 billion cubic feet per day (bcfd) so far in February.

Updated 11 Feb, 2021 12:30am

Business & Finance

Qatar Petroleum expands trading as rivals ‘punch above weight’

QP would still chiefly use long-term price contracts as it expands its production, spot volumes for trading would represent about 5-10% of volumes sold.
Asian LNG prices rocketed to record highs in January, outpacing gains in much of Europe and the United States where gas is abundant.

Published 10 Feb, 2021 07:49pm

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

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

BR Research

Wild winters – wilder LNG

The Asian JKM LNG spot price for February delivery reached $32.95/mmbtu last week, highest ever, and 16-folds to the...

Published 19 Jan, 2021 07:30am

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 3	278.23
USD PKR Interbank Buying / May 3	278.03
USD to Japanese Yen / May 3	153.05
USD to Swiss Franc / May 3	0.91
Pound Sterling to USD / May 3	1.25
Euro to USD / May 3	1.08

Stock	Volume
S&P 500 / May 3	5127.79
India Sensex / May 3	73878.15
Tokyo Nikkei / May 3	38236.07
Nasdaq / May 3	16156.33
Hang Seng / May 3	18475.92
FTSE 100 / May 3	8213.49
Dow Jones / May 3	38675.68
Germany DAX 30 / May 3	18001.60

Item	Value
Crude Oil USD/Barrel / May 3	78.11
Karachi Cotton PKR/37.32 KG / May 3	20535
Gold 10 Grams PKR / May 3	205418
Gold Spot USD/Ounce / May 3	2301.74
Cotton US¢/pound / May 3	78.06
Petrol/Litre / May 4	288.49

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 4 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 4 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 4 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 4 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 4 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 4 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 4 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 4 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 4 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 4 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 4 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 4 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 4 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 4 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 4 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 4 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 4 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 4 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 4 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 4 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 4 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 4 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 4 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 4 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 4 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 4 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 4 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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