Textile sector likely to face another gas tariff hike amid soaring LNG prices – Uptrends

Textile sector likely to face another gas tariff hike amid soaring LNG prices – Uptrends

  Catastrophic consequences of high energy costs have forced many mill owners to close down their businesses A worker operates a machine preparing fabric at the Kohinoor Textile Mills in Lahore on July 20, 2023. — AFP  Tariff on natural gas raised by over 60% since August 2022. Gas tariff expected to increase further in … Read more

OQ Trading submits lowest bid for one LNG cargo to be delivered in January 2024 – Uptrends

OQ Trading submits lowest bid for one LNG cargo to be delivered in January 2024 – Uptrends

  ISLAMABAD: An international commodity supplier, the OQ Trading has submitted a lowest commercial offer of US$ 18.4600 per Million British Thermal Unit (MMBTU) for supply of a cargo of liquefied natural gas (LNG) in the month of January 2024. Pakistan LNG Limited (PLL), a state-owned company, which procures LNG from the international market, issued … Read more