Trends - LNG SUPPLY - Business Recorder

LNG SUPPLY

Industrial consumers: PLL, SSGC may be allowed to auction off unutilized capacity of LNG

ISLAMABAD: The government is likely to allow Pakistan LNG Limited (PLL) and Sui Southern Gas Company (SSGC) to...

Updated 25 Jul, 2023 10:04am

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

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

Global LNG: Asian spot prices stay flat at 20-month low, held by buying interest

SINGAPORE: Asian spot prices of liquefied natural gas (LNG) stayed flat this week, breaking a losing streak of...

Published 17 Mar, 2023 05:05pm

US, Pakistan discuss the whole gamut of energy matters

ISLAMABAD: Pakistan and United States have discussed phasing out of coal-fired power plants, private sector...

Updated 16 Mar, 2023 09:39am

Business & Finance

Two fertiliser plants, domestic sector: PSO needs Rs39bn for payment obligations and sustaining LNG supply chain

ISLAMABAD: Petroleum Division has sought Rs 39 billion against supply of RLNG to two fertilizer plants and domestic...

Published 08 Mar, 2023 06:55am

Markets

China’s Shenzhen Energy signs long-term LNG contract with BP

SINGAPORE: China’s Shenzhen Energy Group has signed a long-term agreement with oil major BP to buy liquefied natural...

Published 26 Nov, 2022 10:09am

BR Research

Gas supply remains scarce

Gas load shedding during winters is not a new phenomenon in Pakistan anymore. So much is worked around the winter...

Published 24 Nov, 2022 07:58am

Business & Finance

PSO wins arbitration case against Gunvor

ISLAMABAD: Pakistan State Oil (PSO) has won an arbitration case against global LNG trader Gunvor Group Limited...

Updated 13 Oct, 2022 09:53am

Business & Finance

QatarEnergy to be the largest LNG trader over next 5-10 years

LONDON: QatarEnergy CEO and state minister for energy Saad al-Kaabi said on Wednesday that his company will become...

Published 05 Oct, 2022 06:18pm

Markets

Energy crisis: Pakistan fails to secure LNG contract

Back in August, PLL had invited bids for 72 LNG cargoes from international suppliers across a period of six years

Updated 04 Oct, 2022 05:34pm

Markets

LNG markets may tighten further in 2023, IEA's Birol says

TOKYO: LNG markets in 2023 may be tighter than this year as demand may rise in China, India and other parts of Asia,...

Updated 29 Sep, 2022 07:35pm

110 mmcfd gas may be diverted from GTPS to fertilizer plants

ISLAMABAD: The government is likely to de-allocate 110 MMCFD indigenous gas of Guddu Thermal Power Station (GTPS)...

Updated 27 Sep, 2022 09:42am

Opinion

LNG procurement: global challenges

During the COP26 conference last November in Glasgow, LNG was identified as the transition fuel for migrating to the...

Published 20 Jul, 2022 05:48am

Markets

Global LNG: Asia spot prices continue to rise on further market tightening

LONDON: Asian spot liquefied natural gas (LNG) continued its upward trend this week as fears of further market...

Updated 24 Jun, 2022 07:42pm

Opinion

LNG supply efficient use

An important subject as covered in BR issue of June 17 highlights a very important requirement of affordable ...

Published 23 Jun, 2022 06:05am

Markets

Qatar Energy partners with Eni for North Field East LNG project

DOHA: Qatar Energy signed a partnership deal with Eni on Sunday for the North Field East expansion of the world’s...

Published 19 Jun, 2022 05:24pm

Markets

Global LNG: Asia spot prices jump, tracking sharp rise in Europe

LONDON: Asian spot liquefied natural gas (LNG) prices jumped this week, tracking a rise in European gas prices, on...

Published 17 Jun, 2022 05:33pm

Markets

LNG supply be used more efficiently instead of enhancing import: report

KARACHI: Faced with rapidly declining domestic reserves of natural gas, Pakistan is relying more heavily on imported...

Published 17 Jun, 2022 06:37am

Markets

Germany, Qatar sign energy partnership agreement

BERLIN: Germany and Qatar signed on Friday a declaration to deepen their energy partnership, with a focus on trade...

Published 20 May, 2022 04:59pm

Markets

LNG supply through spot procurement: PPRA Board seeks exemption from Rules 13 and 35

ISLAMABAD: The Public Procurement Regulatory Authority (PPRA) Board has recommended to the federal government for...

Published 12 May, 2022 06:49am

World

US, EU strike LNG deal as Europe seeks to cut Russian gas

BRUSSELS/LONDON: The United States will work to supply 15 billion cubic metres of liquefied natural gas (LNG) to the...

Updated 26 Mar, 2022 09:54am

Opinion

LNG procurement crisis

During the entire pandemic period Pakistan has maintained some economic activities and now it is making good ...

Updated 03 Nov, 2021 10:03am

BR Research

Gas pricing decisions

The gas circular debt continues to grow. One way to deal with it is having weighted average cost of gas (WACOG)....

Published 15 Oct, 2021 07:25am

Markets

Asian LNG spot price reaches record high of $34.47/mmbtu

"The global LNG price rally is largely driven by the European gas situation," says Ciaran Roe

Published 30 Sep, 2021 06:36pm

Country likely to face another gas crisis

ISLAMABAD: The country is on track to face another gas crisis from 13-16 September, 2021 due to re-deployment of...

Published 11 Sep, 2021 03:34am

Dry docking issue: SSGC’s perspective

KARACHI: This is with reference to the recent statement of ENGRO Corp CEO related to the issue of dry docking of...

Published 03 Jul, 2021 03:19am

BR Research

LNG bidding: The right way

Pakistan has been taking strides to improve the RLNG spot purchase process, and the last tender saw significant...

Published 07 Apr, 2021 07:35am

BR Research

Fuel adjustments to get dearer

Another 90 paisas per unit have been approved as monthly Fuel Charges Adjustment (FCA) for January 2021, continuing...

Published 12 Mar, 2021 07:30am

Editorials

The 2021 LNG deal

EDITORIAL: Last week, Pakistan signed another long-term contract for LNG supply with Qatar. The contract is at ...

Published 06 Mar, 2021 05:01am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 31	279.03
USD PKR Interbank Buying / Jan 31	278.88
USD to Japanese Yen / Jan 31	155.19
USD to Swiss Franc / Jan 31	0.91
Pound Sterling to USD / Jan 31	1.24
Euro to USD / Jan 31	1.04

Stock	Volume
Hang Seng / Jan 30	20,225.11
S&P 500 / Jan 31	6,040.53
India Sensex / Jan 31	77,500.57
Tokyo Nikkei / Jan 31	39,572.49
Nasdaq / Jan 31	19,627.44
FTSE 100 / Jan 31	8,673.96
Dow Jones / Jan 31	44,544.66
Germany DAX 30 / Jan 31	21,732.05

Item	Value
Crude Oil USD/Barrel / Jan 31	72.53
Karachi Cotton PKR/37.32 KG / Jan 31	18,285
Gold 10 Grams PKR / Jan 31	250,171
Gold Spot USD/Ounce / Jan 31	2,798.41
Cotton US¢/pound / Jan 31	65.88
Petrol/Litre / Feb 2	256.13

Gainers
Losers
Leaders

Stock	Price
Kohinoor Ind. / Jan 31 Kohinoor Industries Limited(KOIL)	10.21 ▲ 1 (10.86%)
IGI Life Ins / Jan 31 IGI Life Insurance Limited(IGIL)	15.13 ▲ 1.38 (10.04%)
Sana Ind / Jan 31 Sana Industries Limited(SNAI)	28.77 ▲ 2.62 (10.02%)
Tariq Corporation / Jan 31 Tariq Corporation Limited(TCORP)	16.91 ▲ 1.54 (10.02%)
I.C.C. Ind. / Jan 31 ICC Industries Limited(ICCI)	15.72 ▲ 1.43 (10.01%)
Redco Textile / Jan 31 Redco Textiles Limited(REDCO)	24.17 ▲ 2.2 (10.01%)
Leather Up Ltd. / Jan 31 Leather Up Limited(LEUL)	53.74 ▲ 4.89 (10.01%)
Pak Leather / Jan 31 Pak Leather Crafts Limited(PAKL)	32.63 ▲ 2.97 (10.01%)
Dandot Cement / Jan 31 Dandot Cement Company Limited(DNCC)	16.48 ▲ 1.5 (10.01%)

Stock	Price
Blue-Ex Ltd / Jan 31 Blue-Ex Limited (GEM)(GEMBLUEX)	54.86 ▼ -6.1 (-10.01%)
D.M. Textile / Jan 31 D.M. Textile Mills Limited(DMTX)	63 ▼ -7 (-10%)
First Imrooz Mod. / Jan 31 First Imrooz Modaraba(FIMM)	189 ▼ -21 (-10%)
Power Cem(Pref) / Jan 31 Power Cement (Pref)(POWERPS)	10.41 ▼ -1.15 (-9.95%)
National Silk / Jan 31 The National Silk & Rayon Mills Limited(NSRM)	40.84 ▼ -4.51 (-9.94%)
Sec. Inv. Bank / Jan 31 Security Investment Bank Limited(SIBL)	7.83 ▼ -0.76 (-8.85%)
Shahtaj Sugar / Jan 31 Shahtaj Sugar Mills Limited(SHJS)	109.56 ▼ -10.44 (-8.7%)
Kohinoor Mills / Jan 31 Kohinoor Mills Limited(KML)	31.05 ▼ -2.9 (-8.54%)
F.Credit & Inv / Jan 31 First Credit and Investment Bank Limited(FCIBL)	7.28 ▼ -0.66 (-8.31%)

Stock	Volume
Cnergyico PK / Jan 31 Cnergyico PK Limited(CNERGY)	66,672,997 ▲ 0.14
Sui South Gas / Jan 31 Sui Southern Gas Company Limited(SSGC)	48,364,956 ▼ -1.33
WorldCall Telecom / Jan 31 Worldcall Telecom Limited(WTL)	36,344,486 ▼ -0.06
Waves Home Appliances / Jan 31 Waves Home Appliances Limited(WAVESAPP)	33,226,540 ▼ -0.77
Bank Makramah / Jan 31 Bank Makramah Limited(BML)	31,509,642 ▲ 0.04
B.O.Punjab / Jan 31 The Bank of Punjab(BOP)	17,873,860 ▲ 0.2
K-Electric Ltd. / Jan 31 K-Electric Limited(KEL)	16,969,744 ▼ -0.07
Pak Refinery / Jan 31 Pakistan Refinery Limited(PRL)	16,492,313 ▼ -0.57
Treet Battery / Jan 31 Treet Battery Limited(TBL)	15,390,342 ▲ 1.07

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