Topic

LNG trade

G7 ministers agree to speed up renewable energy development

Published 16 Apr, 2023 10:47am

SAPPORO: The Group of Seven rich nations have agreed to speed up the development of renewable energy and called for...

Global LNG: Asian spot prices slip as muted North Asia demand weighs

Published 14 Apr, 2023 04:54pm

SINGAPORE: Asian spot liquefied natural gas (LNG) prices this week slipped to a 22-month low amid slow demand from...

Global LNG: Asian spot prices remain at 21-month low

Published 06 Apr, 2023 06:17pm

LONDON: Asian spot liquefied natural gas (LNG) prices remained flat this week at the lowest level since July 2021 on...

China completes first yuan-settled LNG trade

Published 28 Mar, 2023 05:01pm

BEIJING: Chinese national oil company CNOOC and France’s TotalEnergies have completed China’s first yuan-settled...

US supplies give China muscle to become major force in global LNG trade

Published 15 Feb, 2022 06:45am

SINGAPORE/LONDON: Chinese firms are set to become a major trading force in the global liquefied natural gas market ...

China’s Sinopec awards fewer cargoes in recent LNG tender

Published 27 Jan, 2022 04:05am

SINGAPORE/LONDON: Unipec, the oil and gas trading arm of China’s Sinopec Corp has awarded fewer-than-planned...

US natural gas jumps to 5-week high on Northeast cold, soaring global prices

Published 10 Jan, 2022 07:43pm

US natural gas futures jumped more than 6% to a five-week high on Monday on expectations the Northeast region will...

Asia LNG spot price surges by 40% to record high

Updated 06 Oct, 2021 08:46pm

This works out to roughly over $320 per barrel of oil equivalent. Brent crude oil futures is currently trading at about $81 per barrel

LNG sellers seek credit letters as gas price spike stretches credit limits

That lack of price movement also came despite a small decline in exports and an even smaller increase in output so far this month.
Front-month gas futures were unchanged at $2.932 per million British thermal units.

US natgas futures rise to one-week high on cooler forecasts

Published 09 Apr, 2021 06:56pm

Traders also noted that mild weather this week will likely cause utilities to boost injections into storage by so much that the total amount of gas in inventory will rise above the five-year (2016-2020) average for the first time since the February freeze.
Front-month gas futures rose 1.9 cents, or 0.8%, to $2.541 per million British thermal units.

US LNG exports set to fall to 6-week low on Corpus Christi maintenance

Published 08 Apr, 2021 08:54pm

LNG feedgas was on track to fall to 9.1 billion cubic feet per day (bcfd) on Thursday, according to Refinitiv data, its lowest since Feb. 26 when US exports were recovering after several Gulf Coast LNG plants shut due to a shortage of gas and power during the Texas freeze in mid February.
Buyers around the world continue to purchase record amounts of US gas because prices in Europe and Asia remain high enough to cover the cost of buying and transporting the fuel across the ocean.

LNG bidding: The right way

Published 07 Apr, 2021 07:35am

Pakistan has been taking strides to improve the RLNG spot purchase process, and the last tender saw significant...

German gas grids report progress with investment plans to 2030

Published 01 Apr, 2021 08:01pm

Gas firms' report shows 14% of plans for 2030 carried out.
Indigenous reserves fall, imports to rise.
Eugal pipeline fully constructed, feeder for Nord Stream 2.

China's Sinopec seeks spot LNG supplies from June through Feb

Published 01 Apr, 2021 06:04pm

The tender, which sought an unspecified number of cargoes each month on a delivered basis, closes on April 6, they said.
Sinopec was one of Asia's top buyers of spot LNG last year.

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

Published 05 Mar, 2021 07:28pm

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.

US natural gas futures fall 3pc on forecasts for less frigid weather

Published 09 Feb, 2021 08:41pm

Front-month gas futures were down 8.3 cents, or 2.9%, to $2.799 per million British thermal units.
output in the Lower 48 US states has averaged 90.4 billion cubic feet per day (bcfd) so far in February.

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

Published 25 Jan, 2021 08:42pm

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.

Four private sector companies step in LNG trade

Published 23 Jan, 2021 07:27pm

At present, two LNG terminals are operating with a full capacity of 1,200 MMCFD (Million Cubic Feet per Day).

Four private sector companies step in LNG trade

Published 19 Jan, 2021 06:59pm

According to a recent report of OGRA, the gap between demand and supply of gas could increase by 5,389 Million Cubic Feet per Day (MMCFD) by 2029-30.

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 30	277.31
USD PKR Interbank Buying / Sep 30	277.11
USD to Japanese Yen / Oct 1	158.32
USD to Swiss Franc / Oct 1	0.84
Pound Sterling to USD / Oct 1	1.32
Euro to USD / Oct 1	1.13
SOFR % / Sep 29	3.88

Stock	Volume
S&P 500 / Sep 30	7,651.54
Nasdaq / Sep 30	26,861.06
Hang Seng / Sep 30	24,613.27
Dow Jones / Sep 30	50,906.05
India Sensex / Oct 1	71,770.30
Tokyo Nikkei / Oct 1	68,956.72
FTSE 100 / Oct 1	10,413.82
Germany DAX 30 / Oct 1	24,851.64
France CAC40 / Oct 1	7,827.14

Item	Value
Petrol/Litre / Oct 1	387.40
Crude Oil USD/Barrel / Oct 1	92.53
Karachi Cotton PKR/37.32 KG / Oct 1	18,480
Gold 10 Grams PKR / Oct 1	376,059
Gold Spot USD/Ounce / Oct 1	4,162.20
Diesel/Litre / Oct 1	400.35
Cotton US¢/pound / Oct 1	78.41

Gainers
Losers
Leaders

Stock	Price
Dewan Motors / Oct 1 Dewan Farooque Motors Limited(DFML)	17.49 ▲ 1.59 (10%)
Ellcot Spinning / Oct 1 Ellcot Spinning Mills Limited(ELSM)	196.28 ▲ 17.84 (10%)
First Imrooz Mod. / Oct 1 First Imrooz Modaraba(FIMM)	286.94 ▲ 26.09 (10%)
Fazal Cloth / Oct 1 Fazal Cloth Mills Limited(FZCM)	280.46 ▲ 25.5 (10%)
Mandviwala / Oct 1 Mandviwala Mauser Plastic Industries(MWMP)	84.78 ▲ 7.71 (10%)
Popular Islamic / Oct 1 Popular Islamic Modaraba(PIM)	65.60 ▲ 5.96 (9.99%)
Arctic Textile / Oct 1 Arctic Textile Mills Limited(ARCTM)	57.29 ▲ 5.17 (9.92%)
D.S. Ind. Ltd. / Oct 1 D.S. Industries Limited(DSIL)	15.68 ▲ 1.41 (9.88%)
Lse Spac-I Ltd. / Oct 1 Lse Spac-I Limited(SPAC1)	22.36 ▲ 1.95 (9.55%)
Asim Textile / Oct 1 Asim Textile Mills Limited(ASTM)	124.56 ▲ 10.6 (9.3%)

Stock	Price
EFU Life Assr / Oct 1 EFU Life Assurance Limited(EFUL)	125 ▼ -39.01 (-23.79%)
Ashfaq Textile / Oct 1 Ashfaq Textile Mills Limited(ASHT)	45.51 ▼ -5.06 (-10.01%)
First Tri-Star Mod. / Oct 1 First Tri-Star Modaraba(FTSM)	44.03 ▼ -4.89 (-10%)
Pakistan Credit Rating Agency / Oct 1 The Pakistan Credit Rating Agency Ltd(GEMPACRA)	43.67 ▼ -4.85 (-10%)
First Punjab Modaraba / Oct 1 First Punjab Modaraba(FPJM)	26.14 ▼ -2.9 (-9.99%)
East West Ins. / Oct 1 East West Insurance Company Limited(EWIC)	59.25 ▼ -6.37 (-9.71%)
Asia Ins. / Oct 1 Asia Insurance Company Limited(ASIC)	32.42 ▼ -3.43 (-9.57%)
Karam Ceramics / Oct 1 Karam Ceramics Limited(KCL)	156.18 ▼ -15.27 (-8.91%)
Power Cem(Pref) / Oct 1 Power Cement (Pref)(POWERPS)	29.62 ▼ -2.87 (-8.83%)
Apna Microfin. / Oct 1 Apna Microfinance Bank Limited(AMBL)	18.07 ▼ -1.73 (-8.74%)

Stock	Volume
Kohinoor Spinning / Oct 1 Kohinoor Spinning Mills Limited(KOSM)	93,751,754 ▲ 0.11
F. Nat.Equities / Oct 1 First National Equities Limited(FNEL)	38,616,570 ▲ 0.09
Cnergyico PK / Oct 1 Cnergyico PK Limited(CNERGY)	26,026,242 ▼ -0.14
Pak Int.Bulk / Oct 1 Pakistan International Bulk Terminal(PIBTL)	25,714,456 ▲ 0.03
First Punjab Modaraba / Oct 1 First Punjab Modaraba(FPJM)	22,551,198 ▼ -2.9
Tasdeeq Info. Serv. / Oct 1 Tasdeeq Information Services Limited(TISL)	19,722,398 ▲ 0
K-Electric Ltd. / Oct 1 K-Electric Limited(KEL)	17,323,432 ▼ -0.03
WorldCall Telecom / Oct 1 Worldcall Telecom Limited(WTL)	17,315,970 ▼ -0.01
D.S. Ind. Ltd. / Oct 1 D.S. Industries Limited(DSIL)	16,558,025 ▲ 1.41
Pak Refinery / Oct 1 Pakistan Refinery Limited(PRL)	16,113,756 ▼ -1.8

LNG trade

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