Trends - LNG - Business Recorder

LNG

US natgas prices climb on lower output, rising LNG feedgas

NEW YORK: US natural gas futures climbed about 4% to a 13-month high on Thursday on lower output in recent days and...

Published 20 Dec, 2024 02:43am

Editorials

Gas sector conundrum

EDITORIAL: The gas supply management is totally messed up. The imported RLNG is in surplus; domestic gas production...

Published 20 Dec, 2024 02:43am

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

Captive power plants: Govt talking with IMF, others to avoid closure

ISLAMABAD: Federal Minister for Petroleum Musadik Malik said the government is having negotiations with the...

Updated 14 Dec, 2024 11:34am

Markets

Global LNG: Asian spot LNG falls on muted demand, strong inventories

LONDON: Asian spot liquefied natural gas (LNG) prices fell this week amid weak demand and the availability of more...

Published 13 Dec, 2024 07:16pm

Editorials

Navigating the LNG conundrum

EDITORIAL: Pakistan’s decision to defer an LNG purchase agreement with Qatar by a year - whether tied to the 2016...

Updated 09 Dec, 2024 08:09am

World

No concerns over Trump vow to lift LNG exports cap: Qatar minister

DOHA: Qatar has no concerns about US President-elect Donald Trump’s promise to lift a cap on liquefied natural gas...

Published 08 Dec, 2024 02:56am

Opinion

All is not well at the economic front

The Federal Minister for Finance and Revenue Muhammad Aurangzeb reaffirmed this Wednesday at the ‘International...

Updated 07 Dec, 2024 08:50am

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

Markets

Bangladesh’s RPGCL seeks LNG cargoes for Dec-Jan delivery, document shows

SINGAPORE: Bangladesh’s Rupantarita Prakritik Gas Co Ltd (RPGCL) is seeking three liquefied natural gas (LNG)...

Published 04 Dec, 2024 12:41pm

Markets

LNG traders divert cargoes from Europe to Asia as eastern demand strengthens

SINGAPORE: Three liquefied natural gas (LNG) cargoes on course for Europe have been diverted to Asia to meet...

Published 03 Dec, 2024 12:24pm

Markets

QatarEnergy signs long-term LNG deal with Shell for delivery to China

SINGAPORE: State-owned QatarEnergy has signed a long-term sales and purchase agreement with oil and gas major Shell...

Published 02 Dec, 2024 03:29pm

World

Trump prepares wide-ranging energy plan to boost gas exports, oil drilling

NEW YORK: Donald Trump’s transition team is putting together a wide-ranging energy package to roll out within days...

Published 26 Nov, 2024 07:10am

Markets

Global LNG: Asian spot LNG gains amid colder weather, stronger Europe gas prices

SINGAPORE: Asian spot liquefied natural gas (LNG) prices rose this week to their highest level of the year so far,...

Published 22 Nov, 2024 05:26pm

Markets

Bangladesh’s RPGCL seeks LNG cargo for Dec delivery

SINGAPORE: Bangladesh’s Rupantarita Prakritik Gas Co Ltd (RPGCL) is seeking a liquefied natural gas (LNG) cargo for...

Published 19 Nov, 2024 10:36am

Markets

Bangladesh seeks potential LNG suppliers in new enlistment process

SINGAPORE/DHAKA: Bangladesh has issued an enlistment invitation for companies to supply the South Asian nation with...

Published 11 Nov, 2024 10:58am

Markets

Sacred cow: coal-hungry India eyes bioenergy to cut carbon

BARSANA: Venerated as incarnations of Hindu deities, India’s sacred cows are also being touted as agents of energy...

Published 08 Nov, 2024 12:42pm

Markets

Bangladesh’s RPGCL seeks 3 LNG cargoes for Dec delivery, document shows

SINGAPORE: Bangladesh’s Rupantarita Prakritik Gas Co Ltd (RPGCL) is seeking three liquefied natural gas (LNG)...

Published 05 Nov, 2024 11:24am

Markets

Thailand’s PTT seeks LNG cargo for Dec delivery

SINGAPORE: Thailand’s PTT is seeking a liquefied natural gas (LNG) cargo for delivery in December, two industry...

Published 05 Nov, 2024 10:00am

Business & Finance

Shell’s $6bn profit smashes forecasts as LNG offsets weak refining

LONDON: Shell reported on Thursday third-quarter profits of $6 billion that exceeded forecasts by 12% as higher...

Published 04 Nov, 2024 03:29am

Markets

Global LNG: Asian spot LNG steady on warmer than average temperature forecasts

SINGAPORE: Asian spot liquefied natural gas (LNG) prices held steady this week as forecasts of warmer-than-average...

Published 01 Nov, 2024 06:28pm

Markets

Shell $6bn profit smashes forecasts as LNG offsets weak refining

LONDON: Shell reported on Thursday third quarter profits of $6 billion that exceeded forecast by 12% as weaker oil...

Published 31 Oct, 2024 02:59pm

Business & Finance

World Bank expects oil glut to cause commodity price slump

WASHINGTON: Global commodity prices should fall to a five-year low next year thanks to a huge oil glut, the World...

Published 30 Oct, 2024 06:32am

Markets

Asian spot LNG prices rise on supply concerns, geopolitical tensions

LONDON: Asian spot liquefied natural gas (LNG) recorded its second weekly gain since the end of August, amid...

Published 25 Oct, 2024 07:32pm

Sindh asks Centre to increase supply of natural gas

KARACHI: Sindh Energy Minister Syed Nasir Hussain Shah has said that Sindh is currently the largest gas producing...

Published 23 Oct, 2024 06:22am

Markets

Qatar LNG sales to key Asian markets confronted by US-UAE rivalry

DOHA: Qatar is finding it hard to agree new deals to supply liquefied natural gas (LNG) to Japan and South Korea as...

Published 22 Oct, 2024 06:33am

Markets

Global LNG: Asian spot LNG slips on tepid demand, ample supply

SINGAPORE: Asian spot liquefied natural gas (LNG) slightly slipped this week as demand remains tepid amid ample...

Published 11 Oct, 2024 05:21pm

Markets

China to remain world’s top LNG buyer in 2024-25, IEA says

HIROSHIMA: China is set to remain the world’s top buyer of liquefied natural gas (LNG) this year and next because of...

Published 07 Oct, 2024 12:10pm

Markets

Global LNG: Asian spot LNG prices down on muted demand

LONDON: Asian spot liquefied natural gas (LNG) prices fell this week amid limited demand for November deliveries and...

Published 13 Sep, 2024 06:15pm

Markets

US natural gas prices rise

NEW YORK: US natural gas futures edged up about 1% to an eight-week high on Friday as the amount of gas flowing to...

Published 08 Sep, 2024 02:42am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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