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2020 LNG demand holds steady despite COVID-19, set for growth as global economies recover

Karachi, February 27, 2021: Global liquefied natural gas (LNG) trade increased to 360 million tonnes in 2020, according to Shell’s latest annual LNG Outlook published today, despite the unprecedented volatility caused by the COVID-19 pandemic which resulted in lockdowns around the world. Though marginal, the increase in volume reflects the resilience and flexibility of the…

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KSE-100 closed decrease on 0.8pc

Karachi, February 27, 2021: The market remained on the back foot for most of the week, finally ending down on 45,865  levels (down 0.8 Percent WoW). A correction was on the cards, given the week coincided with the futures’ rollover. Nonetheless, activity retained its buoyance of recent weeks, relatively unchanged at an average of 589 million/day…

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