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LNG deal

QatarEnergy and India’s Petronet sign biggest LNG deal to date

QUITOL, (India): QatarEnergy and India’s Petronet LNG signed their biggest single deal for supplies of liquefied...

Published 07 Feb, 2024 05:30am

Markets

Pakistan LNG gets bids from Vitol, Trafigura for December cargoes

Pakistan LNG Ltd (PLL) received bids from commodity traders Vitol and Trafigura for their latest tender, seeking two...

Updated 04 Oct, 2023 06:49pm

Business & Finance

Exxon Mobil to sell its majority stake in Italy LNG terminal to BlackRock

HOUSTON: Exxon Mobil Corp chose BlackRock as the potential buyer for its majority stake in Italy’s main liquefied...

Published 04 Oct, 2023 11:43am

Business & Finance

Aramco announces first global LNG deal

RIYADH: Saudi Arabia’s oil group Aramco said on Thursday it had agreed to acquire a strategic minority stake in...

Published 29 Sep, 2023 06:24am

LNG supply: Framework agreement inked with Azerbaijan

LAHORE: In a bid to help fulfill country’s energy requirements through cooperation in the fields of oil and gas,...

Updated 25 Jul, 2023 09:34am

Markets

Asia LNG buyers rush to lock in long-term deals as market remains tense

KUALA LUMPUR: Asian buyers have rushed to lock in long-term liquefied natural gas (LNG) deals in the past months...

Published 27 Jun, 2023 05:54pm

LNG deal with Azerbaijan to help end gas crisis by next winter: Musadik

ISLAMABAD: State Minister for Petroleum Musadik Malik Wednesday assured that Pakistan’s Liquefied Natural Gas (LNG)...

Updated 22 Jun, 2023 08:59am

Markets

Govt seeks spot LNG cargoes, inks supply deal with Azerbaijan

SINGAPORE: Pakistan has issued two tenders seeking spot liquefied natural gas (LNG) cargoes for the first time in...

Updated 14 Jun, 2023 10:33am

Markets

QatarEnergy to sign LNG deal with Bangladesh

DUBAI/DHAKA: Qatar-Energy will sign a long-term liquefied natural gas (LNG) supply deal with Bangladesh’s...

Published 31 May, 2023 03:56am

World

UAE's ADNOC signs $1bn LNG deal with TotalEnergies

DUBAI: The United Arab Emirates' ADNOC Gas announced Monday a $1 billion deal to provide liquefied natural gas to...

Updated 01 May, 2023 09:46pm

Germany inks LNG deal as chancellor visits Gulf to secure energy

ABU DHABI: German utility RWE has signed a deal with Abu Dhabi National Oil Company (ADNOC) to deliver liquefied...

Published 26 Sep, 2022 06:07am

BR Research

IMF – jubilation is muted

After a few months' drama, the IMF is finally back. However, the confidence is not. The economic concerns in the ...

Published 01 Sep, 2022 08:26am

PM likely to cut new LNG deal with Qatar

Is expected to visit Qatar on August 23

Updated 16 Aug, 2022 10:00am

Markets

Pakistan eyes 'most favourable' LNG agreement with countries including Russia

Ministry of Energy's statement comes as country continues to battle an energy shortage

Updated 26 May, 2022 06:51pm

LNG deal: Talks with KSA expected during PM’s visit

Prime Minister Shehbaz has assigned Planning Commission the task of steering efforts towards strengthening bilateral cooperation with Kingdom of Saudi Arabia

Updated 23 Apr, 2022 10:54am

BR Research

LNG charge sheet – the flipside

The government faces criticism for expensive spot buying of LNG. Some commentators have compared spot price ...

Updated 08 Sep, 2021 04:55pm

Business & Finance

Total declares force majeure on Mozambique LNG after insurgent attacks

Force majeure follows Islamic State-linked attacks in March.
Total, Exxon and others have projects in Mozambique.
Mozambique was hoping to rival Qatar and Australian LNG.

Published 26 Apr, 2021 06:11pm

Markets

US natgas futures rise to 5-week high on small storage build

The US Energy Information Administration (EIA) said US utilities added 61 billion cubic feet (bcf) of gas into storage during the week ended April 9.
That is lower than the 67-bcf build analysts forecast in a Reuters poll and compares with an increase of 68 bcf in the same week last year and a five-year (2016-2020) average increase of 26 bcf.

Published 15 Apr, 2021 08:27pm

Markets

US natgas futures rise for 5th day on cooler forecasts

Traders noted that even though temperatures may be lower, they were expected to remain around near-normal levels through late April.
Front-month gas futures rose 6.2 cents, or 2.4%, to $2.623 per million British thermal units.

Published 13 Apr, 2021 08:19pm

Markets

Russian LNG would be competitive at $3.7-$7 per 1mn BTU

Russia would compete with Qatar, Australia and the United States for customers in Asia, its target market, up to 2030, and their production costs are seen at $2.8-11 and $7-10 per 1 million BTU, respectively.
Russia plans to increase its LNG production to nearly 140 million tonnes LNG per year by 2035 from around 31 million tonnes last year and aims to have about 20% of the global market share by then.

Published 22 Mar, 2021 08:35pm

BR Research

Towards economic outreach

There have been some signals from recent developments in Pakistan when it comes to putting economy at the center of...

Published 17 Mar, 2021 07:40am

Business & Finance

Repsol makes first delivery of carbon-compensated LNG

Tradeable offset credits aim to balance the planet-warming effects of emissions by supporting projects such as forestation and renewable energy generation sites elsewhere in the world.
Repsol said it had supplied 430 cubic metres of LNG to a 150-metre long chemical tanker owned by Swedish firm Furetank Rederi at a terminal owned by system operator Enagas in southeastern Spain.

Published 12 Mar, 2021 07:04pm

Markets

US natgas futures rise to 1-week high on colder forecasts

Front-month gas futures rose 2.8 cents, or 1.0%, to $2.867 per million British thermal units.3
Refinitiv projected average gas demand, including exports, would drop from 112.2 bcfd this week to 105.0 bcfd next week as the weather turns seasonally milder.

Published 03 Mar, 2021 07:58pm

Business & Finance

Gazprom aims to supply Europe with carbon-neutral LNG

Carbon neutral LNG typically involves companies supporting nature-based projects that reduce emissions to offset those generated from the exploration and production of LNG.
I hope that in the nearest future we will supply our first fully carbon-neutral cargo of LNG to Europe.

Published 02 Mar, 2021 08:53pm

BR Research

The sweet LNG deal

Last week, Pakistan signed a long-term contract of LNG supply from Qatar at 10.2 percent of Brent, which is at...

Published 02 Mar, 2021 07:25am

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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