Commonwealth LNG signs 20-year supply deal with major Asian buyer U.S. energy firm Commonwealth LNG said on Monday it signed a Sale and Purchase Agreement with a major Asian energy... Published 05 May, 2025 09:45pm
Markets Russia’s LNG exports down 4.6% y/y in January-April, data shows MOSCOW: Russia’s exports of liquefied natural gas (LNG) in the first four months of the year declined by 4.6% from a... Published 05 May, 2025 05:01pm
Print LNG import: Petroleum Div proposes reconstitution of body ISLAMABAD: Petroleum Division has proposed reconstitution of Committee on import of Liquefied Natural Gas (LNG)... Updated 05 May, 2025 09:38am
Business & Finance KP CNG stations shut due to growing gas shortages ISLAMABAD: CNG stations running on indigenous gas and imported LNG are facing either a shortage of gas or closure... Updated 13 Jan, 2024 09:46am
Markets Need stressed to discover untapped gas reserves KARACHI: In a pressing call to action, Sheikh Umer Rehan, former president of the Korangi Association of Trade and... Published 19 Aug, 2023 06:36am
Print 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
Print 3 more LNG spot cargoes: Power Div silent on purchase proposal ISLAMABAD: Power Division is reportedly silent on Petroleum Division’s proposal to purchase three additional... Updated 25 Apr, 2023 09:06am
Markets Global LNG: Asian spot prices extend downtrend, tracking lower prices in Europe LONDON: Asian spot liquefied natural gas (LNG) prices fell for a sixth consecutive week due to weak trading activity... Published 27 Jan, 2023 07:21pm
Print Import of LNG: ECC is all set to approve PLL-SOCAR pact ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet is all set to approve the pact between Pakistan... Updated 25 Jan, 2023 08:53am
Print Import of LNG: PLL likely to ink accord with SOCAR Since the validity of price offered by SOCAR will be less than 24 hours, PLL BoD may accept or reject the LNG cargoes based on the suitability of the price Updated 19 Dec, 2022 12:01pm
Print Determination of ERR, PERR: Ogra refuses to include cost of RLNG diversion ISLAMABAD: Oil and Gas Regulatory Authority (Ogra) has reportedly refused to include cost of RLNG diversion in the... Updated 14 Dec, 2022 09:58am
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
Print Optimal use of LNG capacity at terminal-II: Ogra policy opposed by SNGPL ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA)’s promotion of gas liberalisation by engaging the private... Updated 28 Aug, 2022 09:22am
Print 33 categories, 860 products: ECC approves lifting of ban on wide range of goods ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved the lifting of the ban imposed on... Updated 20 Aug, 2022 09:33am
Markets Global LNG: Asia spot prices ease as Nord Stream 1 flows resume; upside risk remains LONDON: Asian spot liquefied natural gas (LNG) prices eased this week as concerns about a tight market eased after... Published 22 Jul, 2022 06:41pm
Markets BD halts expensive spot LNG imports DHAKA: Bangladesh will not buy liquefied natural gas (LNG) on the spot market in the coming months due to a steep... Published 21 Jul, 2022 05:40am
Print PLL receives no bids for import of 10 LNG cargoes ISLAMABAD: Pakistan LNG Limited (PLL) received no bids in its tender for the import of 10 cargoes of Liquified... Published 08 Jul, 2022 05:36am
Print Coal, LNG import initiated for power generation: Miftah ISLAMABAD: Finance Minister Miftah Ismail Thursday expressed his optimism that there will be a substantial reduction... Updated 08 Jul, 2022 09:39am
Markets Global LNG: Asia spot prices jump amid stronger demand, concerns over Russia LONDON: Asian spot liquefied natural gas (LNG) prices continued to rise this week amid stronger demand on the back ... Published 01 Jul, 2022 06:03pm
Markets Govt urged to minimize reliance on costly LNG import KARACHI: As Pakistan is facing with severe natural gas shortage for the last couple of years, it has started relying... Published 25 Jun, 2022 04:42am
BR Research Gasping for LNG After the record high LNG import cost of $760 million in May 2022 – June 2022 was not too far with 12 cargoes... Updated 16 Jun, 2022 11:05pm
Markets ‘Govt may save $2.1bn forex annually if 50MMCFD gas allocated to CNG sector’ ISLAMABAD: “Federal government may save foreign remittance of approximately $ 2.1 billion per annum along with a ... Published 08 Jun, 2022 06:19am
Markets US natural gas little changed NEW YORK: US natural gas futures were little changed on Wednesday as forecasts for more US heating demand next week... Published 11 Mar, 2022 05:12am
Pakistan FPCCI asks govt why no steps taken to forestall gas shortfall KARACHI: Leadership of industrial community has strongly demanded immediate steps to restore gas supply to ... Published 23 Nov, 2021 03:54am
Print Gas to be provided only during meal times, Senate told Hammad Azhar says government is trying to provide gas to both domestic and industrial consumers Updated 13 Nov, 2021 12:59pm
Print Incremental consumption: CCoE approves winter incentive package ISLAMABAD: The Cabinet Committee on Energy (CCoE) Friday approved the summary submitted by the Power Division on the... Updated 18 Sep, 2021 10:10am
Business & Finance India's new LNG plant starts next year, to boost import capacity by 12% Swan aims to double capacity of the terminal IOC, BPCL, ONGC have leased space in Swan's LNG terminal 7 firms in race to participate in ONGC's LNG import tenders Published 25 Aug, 2021 05:44pm
Opinion LNG sector in Pakistan — VI The recent slump in the global LNG market during the Covid-19 outbreak also validated the need to reassess the price... Published 10 Aug, 2021 04:39am
Opinion LNG sector in Pakistan - I Pakistan is a relatively new player in global LNG market, but has quickly become a major importer. Depleting... Published 29 Jul, 2021 04:48am
Print Controversial census: CCI to meet again as consensus eludes govts ISLAMABAD: The Council of Common Interests (CCI) has decided to hold another meeting (virtual one), on Monday, on ... Published 08 Apr, 2021 04:10am