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Qatar Petroleum

Ogra reduces prices of imported LNG for Feb

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) on Monday announced a little reduction in imported LNG prices...

Published 14 Feb, 2023 05:58am

Opinion

Energy sector reforms: Low-hanging fruit rotting – III

The energy sector also requires a fast-track deregulation, which should have happened yesterday. It requires a...

Updated 02 Feb, 2023 06:44am

Markets

Pakistan awards QP Trading one of two March LNG tenders

ISLAMABAD: Pakistan LNG has chosen QP Trading to supply it with a cargo of spot LNG for delivery March 10-11 at...

Published 23 Feb, 2022 04:54am

Markets

Beijing Gas in talks over 10-year Shell LNG deal, says source

SINGAPORE: China's Beijing Gas Group aims to conclude a 10-year liquefied natural gas (LNG) supply and purchase deal...

Published 17 Feb, 2022 02:05pm

Markets

Qatar Petroleum no longer in EU antitrust crosshairs

BRUSSELS: Qatar Petroleum is unlikely to face further EU antitrust action three years after EU regulators opened an...

Published 12 Feb, 2022 05:09am

PSO yet to take decision on LNG purchase

ISLAMABAD: Pakistan State Oil (PSO) has yet to take a decision either to award a bid of $25 per million British...

Updated 22 Aug, 2021 01:48pm

Petroleum Division responds to points raised by DG Audit

ISLAMABAD: The Petroleum Division has responded to some points raised by the DG Audit (Petroleum and Natural...

Updated 13 Aug, 2021 10:42am

Markets

Qatar increases crude oil prices in July

June prices were set at $1.00/bbl above the Oman/Dubai average for the Marine crude and $0.70/bbl above Oman/Dubai average for Land crude.

Published 08 Jun, 2021 05:21pm

Business & Finance

Qatar Petroleum hires banks for June jumbo bond sale

The sale is expected to take place by the end of June, the sources told Reuters, as the Gulf's hydrocarbons giants seek to raise cash in the face of low energy prices and Qatar Petroleum plans to expand capacity.
Qatar Petroleum, one of the world's biggest suppliers of liquefied natural gas (LNG), has hired BofA Securities, Citi, Goldman Sachs, HSBC, JPMorgan and MUFG to lead the deal, the sources said.

Published 31 May, 2021 06:41pm

Qatar pivots to LNG-hungry China in strategy shift

SINGAPORE/BEIJING: Qatar is in talks to make Chinese firms partners in its liquefied natural gas expansion project,...

Published 13 May, 2021 03:10am

Qatar Petroleum plans debut dollar public bond sale

DUBAI: Qatar Petroleum (QP) is planning its first ever U.S. dollar-denominated public international bond sale, two...

Published 26 Apr, 2021 03:29am

Markets

ME Crude: Benchmarks inch up

SINGAPORE: Middle East crude benchmarks Oman and Dubai edged up on Wednesday, while the market awaited fresh cues...

Published 15 Apr, 2021 03:22am

Business & Finance

Qatar Petroleum seeks LNG tankers to charter North Field, Golden Pass cargoes

It is expected to announce second-phase expansion plans this year, which will lift LNG capacity to 126 mtpa by 2027, and has been tying up sales contracts with several buyers in both the spot and long-term markets.

Published 22 Mar, 2021 11:38am

Markets

Qatar tightens global gas market grip with bold expansion moves

"The Qatari expansion should extend the period in which the market may need more new supply to beyond 2028," Credit Suisse's Kavonic said.

Published 16 Mar, 2021 12:11pm

Business & Finance

Qatar Petroleum signs major EPC deal

The contract, valued at more than $2 billion (including options), was awarded on a lump sum basis and is the second major onshore EPC contract award for the NFE project.

Published 02 Mar, 2021 10:57am

New LNG deal signed; shipments to start in Jan

KARACHI: Pakistan has signed a new 10-year deal to import liquefied natural gas (LNG) from Qatar, a official said on...

Published 27 Feb, 2021 04:29am

Pakistan LNG import tender: Qatar Petroleum places ‘lowest’ offer

SINGAPORE: Qatar Petroleum Trading placed the lowest offer for a liquefied natural gas (LNG) cargo, which Pakistan...

Updated 20 Feb, 2021 06:26pm

Business & Finance

Qatar Petroleum expands trading as rivals ‘punch above weight’

QP would still chiefly use long-term price contracts as it expands its production, spot volumes for trading would represent about 5-10% of volumes sold.
Asian LNG prices rocketed to record highs in January, outpacing gains in much of Europe and the United States where gas is abundant.

Published 10 Feb, 2021 07:49pm

Business & Finance

Qatar Petroleum signs deal for mega-LNG expansion

"We estimate it will have over 75 million mtpa of uncontracted LNG volume to sell by 2027, around 70% of its LNG portfolio," he said.

Published 09 Feb, 2021 11:25am

Business & Finance

Qatar's QP signs deal for mega LNG expansion

The contract - which covers major onshore engineering, procurement and construction - was signed with a joint venture between Chiyoda and Technip and is known as North Field East.
"The total cost of the project will be $28.7 billion, making it one of the industry's largest investments in the past few years and largest LNG capacity ever built," Kaabi said.

Published 08 Feb, 2021 09:04pm

Vitol places lowest offers for Pakistan LNG buy tender in April

SINGAPORE: Commodity trader Vitol has placed the lowest offers for two liquefied natural gas (LNG) cargoes, which...

Published 06 Feb, 2021 04:06am

RLNG supply to KE's new unit: PD directed to play role in signing of pact

ISLAMAABAD: The Cabinet Committee on Energy (CCoE) has directed Petroleum Division (PD) to play its role in...

Updated 25 Jan, 2021 10:04am

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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