Trends - LNG - Business Recorder

LNG

US natgas futures surge on forecasts for colder weather

NEW YORK: US natural gas futures rose about 3% on Wednesday on forecasts of colder weather and higher heating demand...

Published 08 Dec, 2022 05:58am

World

Heat will stay on in Europe this winter, but after?

PARIS: Europe is likely to scrape through this winter without cutting off gas customers despite reduced Russian...

Published 07 Dec, 2022 12:48pm

Markets

EU struggles to agree gas price cap, considers 220-euro limit

BRUSSELS: European Union countries on Tuesday considered the latest proposal for a lower gas price cap of 220 euros...

Published 06 Dec, 2022 07:40pm

Markets

US natgas sheds over 8pc on forcasts for milder weather

NEW YORK: US natural gas futures extended losses and fell more than 8% on Monday as forecasts for milder weather and...

Published 06 Dec, 2022 05:58am

Petrol, diesel and LNG at discounted rates: Russian ministers due next month

ISLAMABAD: A Russian ministerial delegation is scheduled to visit Pakistan in January 2023 for further negotiation ...

Updated 06 Dec, 2022 09:33am

Opinion

Is default in prospect?

The economy is closing in external payment ‘implied default’ situation. This means that with SBP’s (State Bank of...

Published 05 Dec, 2022 06:13am

Markets

US natgas futures down

NEW YORK: US natural gas futures fell about 3% to a two-week low on Friday on forecasts for less cold weather and...

Published 04 Dec, 2022 03:37am

Opinion

What to do with furnace oil?

Furnace oil used to be the backbone of both power and oil industry until only a few years ago. There were no LNG or...

Published 04 Dec, 2022 03:37am

No curbs on oil, LNG and POL products’ LCs: SBP

KARACHI: The State Bank of Pakistan (SBP) has strongly rebutted placing any restriction on Letters of Credit (LCs)...

Updated 02 Dec, 2022 09:47am

Business & Finance

No restrictions placed on LCs for import of oil, other petroleum products: SBP

Central bank says misinformation being spread to create uncertainty in market

Published 01 Dec, 2022 07:46pm

Opinion

Role of LPG in gas crisis – II

Gas tariff and subsidies. Gas and electricity prices are politically sensitive issues. The IMF compares prices in ...

Updated 01 Dec, 2022 06:20am

Markets

US natgas falls on lower demand forecast

NEW YORK: US natural gas futures fell more than 5% on Monday, weighed down by forecasts for lower demand over the...

Published 29 Nov, 2022 05:57am

PD prepares $496m gas pipeline augmentation plan

Allows expansion in existing terminals sans government guarantee

Updated 29 Nov, 2022 09:48am

Markets

China’s Shenzhen Energy signs long-term LNG contract with BP

SINGAPORE: China’s Shenzhen Energy Group has signed a long-term agreement with oil major BP to buy liquefied natural...

Published 26 Nov, 2022 10:09am

Pakistan

NA informed: Delegation to visit Russia to discuss buying of oil, gas

ISLAMABAD: The National Assembly was informed on Thursday that a high-level delegation will visit Russia shortly to...

Published 25 Nov, 2022 05:48am

Markets

US natgas gains on colder forecast

NEW YORK: US natural gas futures gained about 4% to a two-week high on Monday on forecasts for colder weather and...

Published 22 Nov, 2022 03:23am

Business & Finance

Germany's LNG terminals to cost more than double earlier estimate

BERLIN: The purchase and maintenance of floating liquefied natural gas (LNG) terminals to help Germany secure energy...

Published 20 Nov, 2022 10:42pm

Markets

US natural gas drops

NEW YORK: US natural gas futures fell about 4% on Friday on forecasts for less cold weather that will reduce heating...

Published 20 Nov, 2022 04:16am

Editorials

Russia disappoints?

EDITORIAL: It’s too soon to tell whether reports about Russia offering coal instead of LNG (Liquefied Natural Gas)...

Published 19 Nov, 2022 06:09am

Markets

US natural gas futures up ahead of storage report

NEW YORK: US natural gas futures edged up about 3% to a one-week high on Thursday as forecasts continued to call for...

Published 18 Nov, 2022 05:53am

Timely import of commodities: Senate panel seeks amendments to PPRA rules

ISLAMABAD: Senate Standing Committee on Commerce has recommended the government to amend PPRA Rules to allow import...

Updated 18 Nov, 2022 09:27am

Markets

US natgas falls on weather forecasts

NEW YORK: US natural gas futures fell about 4% to a two-week low on Wednesday on forecasts for less cold weather and...

Published 17 Nov, 2022 05:59am

Russia ready to offer coal, not LNG

Pakistan is trying to strike a deal with Russia for import of oil

Updated 15 Nov, 2022 09:48am

Markets

Business community hails gas rationing for domestic consumers

ISLAMABAD: The business community, while hailing decision of natural gas rationing for domestic consumers, urged the...

Updated 15 Nov, 2022 03:55am

PD seeks Rs118.75bn supplementary grant

ISLAMABAD: Petroleum Division has sought Rs 118.75 billion supplementary grant as subsidy and balance available...

Updated 14 Nov, 2022 10:09am

Markets

Ogra reduces prices of imported LNG

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) on Friday notified 2.34 percent reduction in the prices of...

Published 12 Nov, 2022 06:58am

Opinion

Criticality of energy management

The current government has been able to secure one additional cargo from Qatar for December 2022 and January 2023 ...

Published 10 Nov, 2022 06:24am

Business & Finance

Mitsubishi raises profit forecast on higher coal, LNG prices

TOKYO: Mitsubishi Corp on Tuesday raised its full-year net profit forecast by 21% to a record 1.03 trillion yen ($7...

Published 08 Nov, 2022 05:56pm

Markets

US natgas futures jump

NEW YORK: US natural gas futures jumped about 9% to a one-month high on Monday on forecasts for colder weather and...

Published 08 Nov, 2022 05:56am

Markets

China’s Oct crude oil imports rebound amid new refinery rollouts

SINGAPORE: China’s crude oil imports in October rebounded to the highest level since May, up 14% from a low base a...

Published 07 Nov, 2022 10:47am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 29	278.60
USD PKR Interbank Buying / Apr 29	278.40
USD to Japanese Yen / Apr 29	156.26
USD to Swiss Franc / Apr 29	0.91
Pound Sterling to USD / Apr 29	1.26
Euro to USD / Apr 29	1.07

Stock	Volume
S&P 500 / Apr 29	5116.17
India Sensex / Apr 29	74671.28
Tokyo Nikkei / Apr 29	37934.76
Nasdaq / Apr 29	15983.08
Hang Seng / Apr 29	17746.91
FTSE 100 / Apr 29	8147.03
Dow Jones / Apr 29	38386.09
Germany DAX 30 / Apr 29	18118.32

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 26	20535
Crude Oil USD/Barrel / Apr 29	82.60
Gold 10 Grams PKR / Apr 29	209105
Gold Spot USD/Ounce / Apr 29	2334.17
Cotton US¢/pound / Apr 29	81.52
Petrol/Litre / Apr 30	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 30 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 30 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 30 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 30 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 30 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 30 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 30 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 30 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 30 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 30 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 30 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 30 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 30 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 30 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 30 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 30 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 30 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 30 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 30 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 30 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 30 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 30 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 30 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 30 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 30 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 30 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 30 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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