Ticker	Volume	Price	Price Delta
DJIA	15,303.10	+8.60	0.06%
S&P 500	1,649.60	-0.91	-0.06%
Nasdaq	3,459.14	-0.27	-0.01%

Ticker

Volume

Price

Price Delta

DJIA

15,303.10

+8.60

0.06%

S&P 500

1,649.60

-0.91

-0.06%

Nasdaq

3,459.14

-0.27

-0.01%

Ticker	Volume	Price	Price Delta
STOXX 50	2,764.29	-12.49	-0.45%
FTSE 100	6,654.34	-42.45	-0.63%
DAX	8,305.32	-46.66	-0.56%

Ticker

Volume

Price

Price Delta

STOXX 50

2,764.29

-12.49

-0.45%

FTSE 100

6,654.34

-42.45

-0.63%

DAX

8,305.32

-46.66

-0.56%

Ticker	Volume	Price	Price Delta
Nikkei	14,612.50	+128.47	0.89%
Hang Seng	22,618.70	-51.01	-0.23%
S&P/ASX 200	4,983.50	-78.95	-1.56%

Ticker

Volume

Price

Price Delta

Nikkei

14,612.50

+128.47

0.89%

Hang Seng

22,618.70

-51.01

-0.23%

S&P/ASX 200

4,983.50

-78.95

-1.56%

Pakistan Gasport to Sign $98 Million Loan Deal for LNG Terminal

By Farhan Sharif - 2011-10-07T10:20:33Z

Pakistan Gasport Ltd. is scheduled to sign a $98 million loan agreement with Overseas Private Investment Corp. of the U.S. to build a liquefied natural gas terminal in Karachi.

The deal is to be signed tomorrow, Razi Ahmed, director Pakistan Gasport, said in an e-mailed statement. The $166 million project will help power producers lower costs, according to the statement.

Demand for energy in Pakistan exceeds supply by as much as three times. Daily electricity outages have forced textile and engineering factories to close and have caused riots across the country.

The LNG will be sold to independent power producers which are switching to gas from furnace oil to benefit from a 10 percent reduction in fuel costs, Pakistan Gasport said.

To contact the reporter on this story: Farhan Sharif in Karachi at fsharif2@bloomberg.net

To contact the editor responsible for this story: David Merritt at dmerritt1@bloomberg.net

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