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gas sector

Ogra recommends significant hike in gas prices

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has recommended a significant hike in gas prices for both gas...

Published 18 Dec, 2024 06:50am

Schlumberger selected for tight gas evaluation study

ISLAMABAD: The Oil and Gas Development Company Limited (OGDCL) had announced an international tender for “integrated...

Updated 20 Nov, 2024 03:16pm

Petroleum Div for selling 100mmcfd gas to third party

ISLAMABAD: Petroleum Division has prepared a summary for the Executive Committee of National Economic Council...

Updated 20 Nov, 2024 09:24am

Sale of 35pc of unallocated gas: Govt strikes deal to submit framework to Ecnec

ISLAMABAD: The high-powered committee of the federal government reached an in-principle agreement to submit a...

Updated 19 Nov, 2024 03:12pm

No gas for CPPs as per IMF terms: MoC moves PM for reversal of decision

ISLAMABAD: The Commerce Ministry has approached the Prime Minister for reversal of federal government’s decision to...

Updated 08 Nov, 2024 09:47am

Settlement of circular debt thru adjustments strong probability

Deputy PM Ishaq Dar directs Petroleum and Power Division to reassess the plan for settlement of circular debt through cash/ non-cash adjustments

Updated 09 Sep, 2024 09:42am

Editorials

Gas sector problems

EDITORIAL: As if the power sector’s chronic circular debt wasn’t bad enough – just one of the many completely...

Published 21 Jul, 2024 03:29am

Opinion

Addressing gas sector circular debt: causes and solutions

The gas sector in Pakistan, which was relatively stable until 2013, has since faced the substantial challenge of...

Updated 12 Jul, 2024 08:32am

CPPs more efficient than IPPs, KE: Jam

ISLAMABAD: Commerce Minister Jam Kamal Khan is said to have come forward to rescue over 100 Captive Power Plants...

Updated 12 Jul, 2024 09:04am

Markets

SNGPL intensifies operations against gas theft

ISLAMABAD: The Sui Northern Gas Pipelines Limited (SNGPL) Gas Task Force has escalated its operation against gas...

Published 01 Apr, 2024 05:34am

Markets

Gas price hike ‘decisive’ blow to textile sector: KPTMA

PESHAWAR; The Khyber Pakhtunkhwa Textile Mills Association (KPTMA) has said that the recent decision by the...

Published 19 Feb, 2024 05:24am

Energy sector: Major step taken towards reducing circular debt

Caretaker Prime Minister Anwaar-ul-Haq Kakar directs Ministry of Energy to prepare and submit a comprehensive and sustainable plan after consultation with Finance Ministry

Updated 25 Jan, 2024 09:47am

Energy sector: Circular debt jumps to over Rs5.725trn

Minister for Power and Petroleum prepares an innovative plan to reduce circular debt of energy sector

Updated 19 Jan, 2024 10:03am

Markets

Gas sector-related problems getting worse: audit report

ISLAMABAD: Gas sector-related issues have been worsening over the years which include inter alia gas shortage due to...

Published 30 Nov, 2023 04:53am

Markets

Gas sector issues: Minister says structural changes needed

KARACHI: Provincial Minister for Revenue, Industries and Commerce Muhammad Younus Dagha has said that worldwide gas...

Published 16 Nov, 2023 05:39am

New gas sale prices notified by Ogra

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) in accordance with the policy guidelines of the federal...

Updated 09 Nov, 2023 03:53pm

APTMA sayssupports gas, RLNG pricing reforms

LAHORE: All Pakistan Textile Mills Association (APTMA) has fully supported the government’s decision on gas/ RLNG...

Updated 04 Nov, 2023 09:39am

Hike comes into effect from July: Rs65bn financial impact also added to gas tariff raise: govt

ISLAMABAD: The interim government has raised the gas prices up to 193 percent with effect from July 2023 for...

Updated 01 Nov, 2023 09:56am

Opinion

Gas sector reform: beyond pricing

Finally, pricing reform in the gas sector is in sight. The summary has been moved, and prices are likely to increase...

Published 16 Oct, 2023 05:47am

BR Research

Gas price must go up

If the IMF is not pushing for something, it almost never happens in Pakistan. People have been wondering why...

Published 02 Oct, 2023 08:58am

Markets

OGDCL discovers gas reserves in Rahim Yar Khan, Punjab

Oil & Gas Development Company Limited (OGDCL), the country’s largest hydrocarbon exploration firm, has...

Updated 19 Sep, 2023 07:59pm

Summary seeking up to 50pc raise in gas sale prices re-submitted

Interim Minister for Energy, Muhammad Ali says increase in gas rates ahead of winter was inevitable to contain the gas-sector circular debt

Updated 15 Sep, 2023 10:07am

Opinion

The circular debt paradox

The power sector has an annual turnover of around Rs 3.3 trillion. Of this, collection stands at around 88 percent,...

Updated 04 Sep, 2023 06:43am

Shamshad holds virtual meeting with IMF staff team

ISLAMABAD: Over a week after assuming charge of caretaker Finance Minister, Dr Shamshad Akhtar, has reportedly held...

Updated 26 Aug, 2023 06:27pm

Opinion

Rethinking natural gas allocation and pricing: Challenges and path to sustainable solutions

The allocation and pricing of natural gas have been contentious issues in Pakistan, with the government historically...

Updated 24 Aug, 2023 06:53am

Energy sector reforms: Modalities, framework finalised

ISLAMABAD: Finance Minister Ishaq Dar chaired a meeting on reforms in the energy sector at the Finance Division,...

Updated 05 Aug, 2023 09:04am

Opinion

Reducing rising electricity tariff?-I

NEPRA (National Electric Power Authority) has increased electricity base tariff by Rs 4.96 per unit from Rs 24.82 ...

Published 23 Jul, 2023 03:25am

BR Research

Gas tariff revision: Never enough!

Another round of revision in natural gas prices stares at the consumers for the second time in 2023. The...

Published 14 Jul, 2023 08:12am

Opinion

Growth rate: PBS under the spotlight

The provisional estimates for 2022-23 of the GDP by sector and by expenditure have been released recently by the...

Published 30 May, 2023 03:37am

Gas sector: Dar for early settlement of circular debt

Officials say gas sector circular debt has reached Rs 1.6 trillion and would become comparable to power sector circular debt if reforms are not undertaken

Updated 22 Jan, 2023 10:12am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 17	278.60
USD PKR Interbank Buying / Dec 17	278.60
USD to Japanese Yen / Dec 17	1.05
USD to Swiss Franc / Dec 17	0.90
Pound Sterling to USD / Dec 17	1.27
Euro to USD / Dec 17	154.09

Stock	Volume
S&P 500 / Dec 16	6,074.08
Nasdaq / Dec 16	20,173.89
Dow Jones / Dec 16	43,717.48
India Sensex / Dec 17	80,962.81
Tokyo Nikkei / Dec 17	39,364.68
Hang Seng / Dec 17	19,777.10
FTSE 100 / Dec 17	8,214.43
Germany DAX 30 / Dec 17	20,290.76

Item	Value
Gold 10 Grams PKR / Dec 16	243,059.70
Crude Oil USD/Barrel / Dec 17	70.82
Karachi Cotton PKR/37.32 KG / Dec 17	17,585
Gold Spot USD/Ounce / Dec 17	2,654.67
Cotton US¢/pound / Dec 17	69.11
Petrol/Litre / Dec 18	252.10

Gainers
Losers
Leaders

Stock	Price
Dadabhoy Cement / Dec 17 Dadabhoy Cement Industries Limited(DBCI)	7.11 ▲ 1.00 (16.37%)
First Capital Equities / Dec 17 First Capital Equities Limited(FCEL)	6.74 ▲ 0.82 (13.85%)
Oilboy Energy / Dec 17 Oilboy Energy Limited(OBOY)	10.45 ▲ 1.00 (10.58%)
LSE Financial Serv. / Dec 17 LSE Financial Services Limited(LSEFSL)	18.32 ▲ 1.67 (10.03%)
Air Link Com. / Dec 17 Air Link Communication Limited(AIRLINK)	208.93 ▲ 18.99 (10.00%)
Data Agro / Dec 17 Data Agro Limited(DAAG)	126.58 ▲ 11.51 (10.00%)
Fazal Cloth / Dec 17 Fazal Cloth Mills Limited(FZCM)	179.55 ▲ 16.32 (10.00%)
Land Mark Spinning / Dec 17 Landmark Spinning Industries Limited(LMSM)	63.91 ▲ 5.81 (10.00%)
Pak Datacom / Dec 17 Pak Datacom Limited(PAKD)	94.49 ▲ 8.59 (10.00%)

Stock	Price
Tri-Star Power / Dec 17 Tri-Star Power Limited(TSPL)	5.51 ▼ -0.74 (-11.84%)
Gulshan Sp. / Dec 17 Gulshan Spinning Mills Limited(GSPM)	4.19 ▼ -0.51 (-10.85%)
Sanghar Sugar / Dec 17 Sanghar Sugar Mills Limited(SANSM)	32.02 ▼ -3.56 (-10.01%)
Aisha Steel (CPS) / Dec 17 Aisha Steel Mills Limited (CPS)(ASLCPS)	20.17 ▼ -2.24 (-10.00%)
Chakwal Spinning / Dec 17 Chakwal Spinning Mills Limited(CWSM)	53.72 ▼ -5.97 (-10.00%)
Leiner Pak Gelat / Dec 17 Leiner Pak Gelatine Limited(LPGL)	126.67 ▼ -14.07 (-10.00%)
Mari Petroleum / Dec 17 Mari Petroleum Company Limited(MARI)	809.76 ▼ -89.97 (-10.00%)
Quetta Textile / Dec 17 Quetta Textile Mills Limited(QUET)	17.73 ▼ -1.97 (-10.00%)
Fateh Ind. / Dec 17 Fateh Industries Limited(FIL)	120.57 ▼ -13.37 (-9.98%)

Stock	Volume
WorldCall Telecom / Dec 17 Worldcall Telecom Limited(WTL)	403,228,918 ▼ -0.06
Pak Elektron / Dec 17 Pak Elektron Limited(PAEL)	107,379,306 ▲ 3.33
Cnergyico PK / Dec 17 Cnergyico PK Limited(CNERGY)	59,584,754 ▼ -0.06
B.O.Punjab / Dec 17 The Bank of Punjab(BOP)	57,023,129 ▲ 0.59
Pak Refinery / Dec 17 Pakistan Refinery Limited(PRL)	55,947,968 ▲ 3.65
Sui South Gas / Dec 17 Sui Southern Gas Company Limited(SSGC)	42,917,218 ▲ 1.17
PIA Holding Co.Ltd / Dec 17 PIA Holding Company Limited(PIAHCLA)	36,337,248 ▲ 1.16
Fauji Foods Ltd / Dec 17 Fauji Foods Limited(FFL)	33,958,478 ▼ -0.28
Hub Power Co. / Dec 17 The Hub Power Company Limited(HUBC)	33,067,460 ▲ 11.97

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