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LNG

Countrywide gas suspension for seven days unacceptable: FPCCI

ISLAMABAD: FPCCI President Naseer Hayatt Magoon, on Monday, said a nationwide gas suspension for seven days is...

Updated 29 Jun, 2021 09:12am

Three-year framework: Pakistan, IITFC sign $4.5bn agreement

ISLAMABAD: The International Islamic Trade Finance Corporation (IITFC) signed a 3-Year Framework Agreement for a...

Updated 29 Jun, 2021 08:35am

Markets

M/s Energas, Tabeer Energy: Gas cos convey availability of LNG pipeline capacity for transmission, distribution

ISLAMABAD: Sui gas companies have conveyed availability of LNG pipeline capacity to be allocated for transmission ...

Published 28 Jun, 2021 04:38am

Delay in dry docking: Talks under way: Azhar

ISLAMABAD: Minister for Energy Hammad Azhar said on Wednesday that negotiations on delay in dry-docking of Engro’s...

Published 25 Jun, 2021 04:20am

Energy shortfall: CCoE to find a way out today

ISLAMABAD: The Cabinet Committee on Energy (CCoE) is scheduled to meet on Thursday (June 24) to discuss a way out of...

Published 24 Jun, 2021 03:36am

Markets

US natgas futures edge up on rising global gas prices

NEW YORK: US natural gas futures edged up on Tuesday on expectations the increase in global gas prices to their...

Published 23 Jun, 2021 04:26am

Pakistan

‘Economy cannot grow on the basis of tall claims’

KARACHI: Chairman of National Business Group, President Pakistan Businessmen and Intellectuals Forum, Mian Zahid...

Published 20 Jun, 2021 03:39am

Country heading for fuel crisis?

ISLAMABAD: The country is likely to face another fuel crisis next month due to inordinate delay in decision making...

Published 19 Jun, 2021 03:23am

Markets

US natgas futures drop on lower demand

NEW YORK: US natural gas futures fell 2percent to a one-week low on Friday on forecasts for slightly less demand ...

Published 19 Jun, 2021 03:23am

Shehbaz flays budget, calls it ‘fake’

ISLAMABAD: The Leader of the Opposition in the National Assembly, Shehbaz Sharif, on Thursday, severely criticised...

Published 18 Jun, 2021 04:16am

Business

Imposition of new tax on LNG to increase CNG price: APCNGA

ISLAMABAD: The government’s proposal to impose 17 percent general sales tax (GST) on imported LNG would increase...

Published 18 Jun, 2021 04:16am

Markets

U.S. natural gas flat as small storage build offsets milder forecasts

The amount of gas flowing to U.S. LNG export plants slid to an average of 9.7 bcfd so far in June, down from 10.8 bcfd in May and an all-time high of 11.5 bcfd in April.

Updated 18 Jun, 2021 12:10am

Markets

U.S. natural gas falls from 7-month high on lower power generator gas use

The amount of gas flowing to U.S. LNG export plants slid to an average of 9.7 bcfd so far in June, down from 10.8 bcfd in May and an all-time high of 11.5 bcfd in April.

Published 16 Jun, 2021 12:05am

Opinion

Energy majors bid for Qatar LNG project despite lower returns

Six top western energy firms are vying to partner in the vast expansion of Qatar's liquefied natural gas output,...

Published 15 Jun, 2021 03:30am

Markets

US natgas futures rise to fresh 16-week high

NEW YORK: US natural gas futures edged up to a fresh 16-week high on Wednesday on forecasts for hotter weather over...

Published 10 Jun, 2021 03:22am

K-Electric, PLL enter into agreement

KARACHI: In a major breakthrough, K-Electric and Pakistan LNG Limited (PLL) have entered into an initial Gas Supply...

Published 10 Jun, 2021 03:22am

Pakistan

'Rigged' polls: Khaqan seeks 'truth commission' to ascertain 'beneficiary'

ISLAMABAD: Former prime minister and Pakistan Muslim League-Nawaz (PML-N) senior leader Shahid Khaqan Abbasi, on...

Published 09 Jun, 2021 03:29am

Markets

US natgas futures jump to 15-week high

NEW YORK: US natural gas futures rose about 2% to a 15-week high on Tuesday on forecasts for warmer weather over the...

Published 09 Jun, 2021 03:29am

Markets

Oman LNG and Shell sign agreement for carbon-neutral LNG

The cargo is the first carbon-neutral LNG from the Middle East using nature-based carbon credits.

Published 08 Jun, 2021 11:26am

Markets

Pakistan LNG re-issues tender to seek two LNG cargoes

SINGAPORE: Pakistan LNG has re-issued a tender and is now seeking two liquefied natural gas (LNG) cargoes for...

Published 08 Jun, 2021 04:09am

Markets

US natgas futures little changed

NEW YORK: US natural gas futures held steady on Friday as forecasts for milder weather and lower demand next week...

Published 05 Jun, 2021 04:08am

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

Markets

US natgas futures slip on milder forecasts

NEW YORK: US natural gas futures slipped on Thursday on forecasts for milder weather and lower demand over the next...

Published 04 Jun, 2021 05:06am

Nepra hints at refunding Rs4.4bn to consumers

ISLAMABAD: National Electric Power Regulatory Authority (Nepra) on Wednesday hinted at refunding Rs 4.4 billion to...

Published 03 Jun, 2021 04:13am

Pakistan

Khaqan slams NCOC’s letter suggesting postponing AJK election

ISLAMABAD: Former prime minister and senior leader of the Pakistan Muslim League-Nawaz (PML-N) Shahid Khaqan Abbasi,...

Published 02 Jun, 2021 04:29am

Business & Finance

Qatar Petroleum hires banks for June jumbo bond sale

The sale is expected to take place by the end of June, the sources told Reuters, as the Gulf's hydrocarbons giants seek to raise cash in the face of low energy prices and Qatar Petroleum plans to expand capacity.
Qatar Petroleum, one of the world's biggest suppliers of liquefied natural gas (LNG), has hired BofA Securities, Citi, Goldman Sachs, HSBC, JPMorgan and MUFG to lead the deal, the sources said.

Published 31 May, 2021 06:41pm

Markets

US natgas futures rise to one-week high

CHICAGO: US natural gas futures rose to their highest in more than a week on Friday, buoyed by forecasts for warmer...

Published 30 May, 2021 03:51am

Markets

US natgas edges up on hopes

CHICAGO: US natural gas futures rose on Tuesday on expectations a rise in global prices will boost US exports back ...

Published 27 May, 2021 03:40am

Markets

Two more LNG tankers scheduled for Britain in May

Berge Arzew is scheduled to arrive at the Isle of Grain terminal on May 30.

Published 26 May, 2021 11:13am

Pakistan

Khaqan says he will resign if PPP joins PDM again

ISLAMABAD: Former prime minister and Pakistan Democratic Movement (PDM) secretary general Shahid Khaqan Abbasi on...

Published 26 May, 2021 03:45am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 2	278.40
USD PKR Interbank Buying / May 2	278.20
USD to Japanese Yen / May 2	155.37
USD to Swiss Franc / May 2	0.91
Pound Sterling to USD / May 2	1.25
Euro to USD / May 2	1.07

Stock	Volume
S&P 500 / May 1	5018.39
Nasdaq / May 1	15605.48
Dow Jones / May 1	37903.29
India Sensex / May 2	74720.19
Tokyo Nikkei / May 2	38236.07
Hang Seng / May 2	18192.04
FTSE 100 / May 2	8149.68
Germany DAX 30 / May 2	17906.01

Item	Value
Petrol/Litre / May 2	288.49
Crude Oil USD/Barrel / May 2	79.53
Karachi Cotton PKR/37.32 KG / May 2	20000
Gold 10 Grams PKR / May 2	206619
Gold Spot USD/Ounce / May 2	2311.74
Diesel/Litre / May 2	281.96

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 2 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 2 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 2 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 2 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 2 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 2 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 2 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 2 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 2 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 2 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 2 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 2 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 2 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 2 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 2 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 2 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 2 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 2 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 2 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 2 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 2 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 2 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 2 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 2 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 2 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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