Trends - GAS - Business Recorder

GAS

US natgas prices climb on rising demand ahead of storage report

NEW YORK: US natural gas futures climbed about 4% on Wednesday on forecasts for more heating demand this week than...

Published 09 Jan, 2025 07:42am

Markets

Rawalpindi: SNGPL refutes reports about 8-hour loadshedding

RAWALPINDI: The Sui Northern Gas Pipelines Limited (SNGPL) Rawalpindi has refuted reports of eight-hour gas load...

Published 30 Dec, 2024 07:26am

Markets

Irked by gas shortages, PM calls for reform

ISLAMABAD: Taking notice of complaints by the domestic consumers, Prime Minister Shehbaz Sharif on Friday directed...

Published 28 Dec, 2024 05:59am

Gas supply resumption: SIFC directs JJCL, SSGCL to seal deal by Jan 15th

ISLAMABAD: The Special Investment Facilitation Council (SIFC) has directed Jamshoro Joint Venture Limited (JJCL) and...

Updated 28 Dec, 2024 03:09pm

Payables by power cos to gas utilities: LPS on GDS hits alarming mark

ISLAMABAD: The amount of Late Payment Surcharge (LPS) on Gas Development Surcharge (GDS) payables by power companies...

Updated 27 Dec, 2024 09:05am

Markets

KATI opposes gas tariff hike recommendation by Ogra

KARACHI: The President of the Korangi Association of Trade and Industry (KATI), Junaid Naqi, has strongly opposed ...

Published 24 Dec, 2024 08:41am

Markets

Ogra notifies RLNG price cut for SNGPL, SSGCL

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) on Friday notified 2.72 percent and 1.99 percent RLNG price...

Published 21 Dec, 2024 08:37am

Markets

SSGC’s operation girift: 4,962 illegal connections removed

KARACHI: Sui Southern Gas Company (SSGC) launched its operation girift campaign in 2016, with the objectives to...

Published 21 Dec, 2024 08:26am

Pakistan

Gas issue: Sharjeel asks Centre to take notice

KARACHI: Senior Minister of Sindh Sharjeel Inam Memon has said that the federal government should take immediate and...

Published 21 Dec, 2024 06:24am

$1.23bn gas drilling carried out in 3 years, Senate panel told

ISLAMABAD: A parliamentary panel on Thursday was apprised that the gas drilling has been carried out at 56 different...

Updated 20 Dec, 2024 11:45pm

Opinion

LPG adulteration

The Oil and Gas Regulatory Authority (Ogra) oversees Pakistan’s gas sector, including Liquefied Petroleum Gas...

Published 19 Dec, 2024 06:38am

Pakistan

Sindh opposes increase in gas prices

KARACHI: Sindh Energy Minister Nasir Hussain Shah has rejected OGRA’s decision to increase gas prices, calling it...

Updated 19 Dec, 2024 08:49am

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...

Updated 18 Dec, 2024 08:56am

Markets

SSGC says rehabilitating aging gas distribution infrastructure

KARACHI: Sui Southern Gas Company (SSGC) is currently engaged in the rehabilitation of its aging gas distribution...

Published 17 Dec, 2024 08:16am

Sindh demands end to gas load-shedding, low pressure

KARACHI: Sindh Energy Minister Nasir Hussain Shah has directed the Secretary of Energy to write a letter to the...

Updated 07 Dec, 2024 09:09am

Markets

US natural gas up

NEW YORK: US natural gas futures edged up about 1% on Thursday on forecasts for cooler weather and more heating...

Published 06 Dec, 2024 06:58am

Editorials

Petroleum industry: a messy corner of economy

EDITORIAL: Petroleum sales have picked up and reached a 25-month high in November. The increase is attributed mainly...

Updated 06 Dec, 2024 08:00am

PM’s plants conversion claim not accepted: Phasing out gas, FO could save $3bn per year: China

ISLAMABAD: China has reportedly rejected Prime Minister Shehbaz Sharif’s claim that converting imported coal power...

Updated 22 Nov, 2024 02:48pm

Markets

US natgas prices slid 2pc on mild weather and lower demand

NEW YORK: US natural gas futures slid about 2% on Tuesday on forecasts for mild weather and less heating demand over...

Published 20 Nov, 2024 07:46am

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

Markets

Consumers in Pindi enjoying adequate supply of gas: SNGPL

ISLAMABAD: Consumers of Rawalpindi city are enjoying adequate supply of gas. Round the clock (24/7) complaints...

Published 19 Nov, 2024 08:00am

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

Markets

Russia cuts gas to Austria in payment dispute, keeps EU flows

MOSCOW: Russia halted gas supplies to Austria on Saturday in a dispute over payments but was still pumping steady...

Published 17 Nov, 2024 05:55am

Opinion

Disconnecting captive power: balancing between costs and efficiency

The more one writes about Pakistan’s energy sector mess, the less it seems to cover. The latest issue involves the...

Updated 11 Nov, 2024 07:21am

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

Badin-IV South Block: Alleged sale of gas thru unlicensed co irks Senate panel

ISLAMABAD: A parliamentary panel, on Friday, showed serious concern over alleged third party sale of gas in the...

Updated 02 Nov, 2024 03:09pm

Markets

Czechs buy gas from Algeria

PRAGUE: The Czech Republic has started to import gas from Algeria in a bid to offset supplies from Russia as it...

Published 01 Nov, 2024 07:15am

Markets

Russia’s gas output up 8.9% to 516.6 bcm in Jan-Sept, Kommersant says

MOSCOW: Russia’s natural gas production in January-September rose 8.9% from a year earlier to 516.6 billion cubic...

Published 29 Oct, 2024 12:33pm

Markets

PMEX daily trading report

KARACHI: On Friday at PMEX, the traded value of Metals, Energy, COTS and indices was recorded at PKR 29.224 billion...

Published 29 Oct, 2024 03:27am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 17	278.75
USD PKR Interbank Buying / Jan 17	278.65
USD to Japanese Yen / Jan 17	156.30
USD to Swiss Franc / Jan 17	0.92
Pound Sterling to USD / Jan 17	1.22
Euro to USD / Jan 17	1.03

Stock	Volume
S&P 500 / Jan 17	5,996.66
India Sensex / Jan 17	76,619.33
Tokyo Nikkei / Jan 17	38,451.46
Nasdaq / Jan 17	19,630.20
Hang Seng / Jan 17	19,584.06
FTSE 100 / Jan 17	8,505.22
Dow Jones / Jan 17	43,487.83
Germany DAX 30 / Jan 17	20,903.39

Item	Value
Crude Oil USD/Barrel / Jan 17	78.88
Karachi Cotton PKR/37.32 KG / Jan 17	18,785
Gold 10 Grams PKR / Jan 17	242,283
Gold Spot USD/Ounce / Jan 17	2,703.25
Cotton US¢/pound / Jan 17	67.60
Petrol/Litre / Jan 18	256.13

Gainers
Losers
Leaders

Stock	Price
Burj Clean Energy Modaraba / Jan 17 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	7.60 ▲ 1.00 (15.15%)
S.G.Power / Jan 17 S.G. Power Limited(SGPL)	9.51 ▲ 1.00 (11.75%)
Jahangir Sidd(Pref) / Jan 17 Jahangir Sidd(Pref)(JSCLPSA)	10.50 ▲ 1.00 (10.53%)
AN Textile Mill / Jan 17 AN Textile Mills Limited(ANTM)	12.82 ▲ 1.17 (10.04%)
Jah.Sidd. Co. / Jan 17 Jahangir Siddiqui & Co. Ltd.(JSCL)	23.62 ▲ 2.15 (10.01%)
Agritech Non-voting / Jan 17 Agritech Non-Voting Preference(AGLNCPS)	24.20 ▲ 2.20 (10.00%)
Arif Habib Ltd. / Jan 17 Arif Habib Limited(AHL)	66.21 ▲ 6.02 (10.00%)
Bilal Fibres / Jan 17 Bilal Fibres Limited(BILF)	15.95 ▲ 1.45 (10.00%)
Citi Pharma Ltd / Jan 17 Citi Pharma Ltd.(CPHL)	77.09 ▲ 7.01 (10.00%)

Stock	Price
JS Global Banking / Jan 17 JS Global Banking Sector (ETF)(JSGBETF)	19.77 ▼ -2.75 (-12.21%)
First Capital Equities / Jan 17 First Capital Equities Limited(FCEL)	5.35 ▼ -0.72 (-11.86%)
Tariq Corp.Pref. / Jan 17 Tariq Corporation Limited-Preference Shares(TCORPCPS)	7 ▼ -0.88 (-11.17%)
Service Textile / Jan 17 Service Industries Textiles Limited(SERT)	14.98 ▼ -1.66 (-9.98%)
Gulshan Sp. / Jan 17 Gulshan Spinning Mills Limited(GSPM)	4.01 ▼ -0.43 (-9.68%)
Zahid Jee Textile / Jan 17 Zahidjee Textile Mills Limited(ZAHID)	27.51 ▼ -2.70 (-8.94%)
Mandviwala / Jan 17 Mandviwala Mauser Plastic Industries(MWMP)	21.50 ▼ -2.00 (-8.51%)
Universal Ins. / Jan 17 The Universal Insurance Company Limited(UVIC)	9.23 ▼ -0.65 (-6.58%)
Tata Textile / Jan 17 Tata Textile Mills Limited(TATM)	47.10 ▼ -2.80 (-5.61%)

Stock	Volume
WorldCall Telecom / Jan 17 Worldcall Telecom Limited(WTL)	103,704,415 ▲ 0.01
Cnergyico PK / Jan 17 Cnergyico PK Limited(CNERGY)	37,108,232 ▲ 0.04
Hub Power Co. / Jan 17 The Hub Power Company Limited(HUBC)	36,743,585 ▲ 5.79
Hascol Petrol / Jan 17 Hascol Petroleum Limited(HASCOL)	32,265,861 ▲ 0.83
Dewan Motors / Jan 17 Dewan Farooque Motors Limited(DFML)	28,402,498 ▲ 2.84
Citi Pharma Ltd / Jan 17 Citi Pharma Ltd.(CPHL)	24,195,904 ▲ 7.01
Pak Refinery / Jan 17 Pakistan Refinery Limited(PRL)	17,625,081 ▲ 0.94
Fauji Foods Ltd / Jan 17 Fauji Foods Limited(FFL)	16,675,539 ▲ 0.30
K-Electric Ltd. / Jan 17 K-Electric Limited(KEL)	16,024,776 ▲ 0.09

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