Trends - LNG - Business Recorder

LNG

Oil and gas consumption in power

Petroleum consumption by the power sector has been primarily due to furnace oil demand by the independent power...

Published 10 Jun, 2022 08:35am

Markets

US natgas drop on explosion at Texas Freeport LNG plant

NEW YORK: US natural gas futures dropped about 5% on Wednesday on reports of a fire at the Freeport liquefied ...

Published 10 Jun, 2022 06:16am

Opinion

Oil prices – what to do? – I

Petroleum prices have been increased once again. New prices are: petrol Rs209.86 and High Speed Diesel (HSD)...

Updated 08 Jun, 2022 08:11pm

Markets

US natgas jump 7pc to 13-year high on rising air conditioning use

NEW YORK: US natural gas futures jumped about 7% to a 13-year high on Monday on forecasts for hotter weather and...

Published 07 Jun, 2022 05:47am

Markets

Energy Transfer signs agreement for LNG supply to China Gas

SHANGHAI: Energy Transfer LNG, a unit of Energy Transfer LP, entered into a deal to supply 0.7 million tonnes of...

Published 07 Jun, 2022 05:47am

SNGPL, SSGC project UfGs contrary to Ogra benchmark

ISLAMABAD: The gas utilities – Sui Northern Gas Pipelines Limited (SNGPL) and the Sui Southern Gas Company (SSGC) ...

Updated 05 Jun, 2022 11:41am

Markets

US natgas futures up on output drop ahead of storage report

NEW YORK: US natural gas futures gained about 2% to a one-week high on Thursday on a decline in output over the past...

Published 04 Jun, 2022 04:18am

Markets

Pakistan LNG disqualifies two bids for July LNG spot cargo delivery

KARACHI: Pakistan LNG Limited (PLL) said on Friday it had disqualified for technical reasons the two bids it...

Published 03 Jun, 2022 04:58pm

BR Research

Demand destruction is the only way forward

Energy pricing and recoveries are getting out of the control. The new PM wishes to run things at high speed while ...

Published 01 Jun, 2022 08:37am

Markets

High gas prices, energy security fears impede decarbonisation push

DAEGU: Energy security has become a top priority for importers as forecasts of tighter gas supplies and volatile...

Published 27 May, 2022 11:08am

Markets

Shell in talks with Indian consortium to sell Russian LNG plant stake

LONDON: Shell is in talks with a consortium of Indian energy companies to sell its stake in a major liquefied ...

Published 27 May, 2022 05:50am

Markets

US natgas soars to 13-year high as power and LNG plants use more fuel

NEW YORK: US natural gas futures jumped about 4% to a fresh 13-year high on Wednesday as power generators and...

Published 26 May, 2022 05:26am

Markets

US natgas futures ease on output increase, lower demand forecast

NEW YORK: US natural gas futures eased about 1% on Tuesday from a near 13-year high in the prior session on a slow...

Published 25 May, 2022 04:40am

BR Research

Power generation: Highest- ever fuel bill

April 2022 power generation numbers reaffirm that Pakistan is well and truly back on the economic growth trajectory...

Published 24 May, 2022 08:28am

Markets

US natgas futures up as LNG feedgas hits 7-week high

NEW YORK: US natural gas futures edged up about 2% on Monday as the amount of gas flowing to US liquefied natural ...

Published 24 May, 2022 05:35am

Markets

Germany, Qatar sign energy partnership agreement

BERLIN: Germany and Qatar signed on Friday a declaration to deepen their energy partnership, with a focus on trade...

Published 20 May, 2022 04:59pm

4 additional cargoes of LNG, five cargoes of furnace oil arranged

ISLAMABAD: The federal government has arranged four additional cargoes of LNG and five cargoes of furnace oil to...

Updated 20 May, 2022 10:17am

Markets

Europe fills gas storage at record rate as Asia’s buyers step aside

LONDON: Europe’s gas inventories are rebuilding after winter at the fastest rate on record as the region’s ...

Published 19 May, 2022 05:29am

Markets

US natgas futures jump on strong LNG exports

NEW YORK: US natural gas futures jumped about 5% to a one-week high on Monday as higher European prices keep US...

Published 17 May, 2022 05:39am

Oil subsidy to cost exchequer Rs60bn

KARACHI: The government has maintained prices of local oil products to protect consumers by further raising subsidy...

Updated 17 May, 2022 09:56am

Opinion

Europe in high-cost race to replenish gas stocks

Europe has begun refilling depleted gas stores to shore up supply for the winter and guard against possible...

Published 14 May, 2022 04:05am

Markets

US natural gas futures little changed ahead of storage

NEW YORK: US natural gas futures were little changed on Thursday after erasing a 5% decline earlier in the session,...

Published 14 May, 2022 04:05am

Markets

US natgas futures rise on higher demand

NEW YORK: US natural gas futures gained about 2% on Wednesday on a big drop in daily output over the past three days...

Published 13 May, 2022 05:59am

Markets

LNG supply through spot procurement: PPRA Board seeks exemption from Rules 13 and 35

ISLAMABAD: The Public Procurement Regulatory Authority (PPRA) Board has recommended to the federal government for...

Published 12 May, 2022 06:49am

Markets

US natgas gains on lower daily output

NEW YORK: US natural gas futures gained about 2% on Tuesday after plunging 20% over the prior two sessions, on a...

Published 12 May, 2022 05:40am

Markets

Petrochina offers Pakistan lowest bids for two June LNG spot cargoes

Rates of $23.96/mmbtu for a June 1-2 delivery and $22.49/mmbtu for a June 28-29 delivery offered

Published 11 May, 2022 05:37pm

Markets

India asks GAIL to import LNG to meet rising city gas demand

NEW DELHI: India has mandated state-run GAIL (India) Ltd to import gas and buy from local difficult fields to meet...

Published 11 May, 2022 04:58am

Markets

Europe gas: Prices extend losses on softer demand, mild weather

LONDON: British and Dutch wholesale gas prices extended losses on Tuesday on softer demand as mild weather spread...

Published 11 May, 2022 04:58am

Markets

Enbridge eyes LNG opportunities as quarterly profits rise

TORONTO: Canadian energy pipeline company Enbridge Inc reported on Friday a rise in first-quarter profit, and...

Published 09 May, 2022 05:39am

Markets

US natgas futures drift lower

NEW YORK: US natural gas futures fell about 4% on Friday from the previous session’s 13-year high on forecasts for...

Published 08 May, 2022 05:25am

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 5	288.49

Gainers
Losers
Leaders

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

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

Stock	Volume
P.I.A.C.(A) / May 5 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 5 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 5 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 5 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 5 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 5 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 5 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 5 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 5 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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