NO. 11


Saudi Arabia

Samarec Finalizes Four New Five-Year LPG Contracts

Saudi Arabia's Samarec has finalized four of its projected new series offive-year term contracts for the supply of liquefied petroleum gas (LPG), whichwill extend from the beginning of 1992 until the end of 1996. According to aSamarec announcement, the four customers are: South Korea's Yukong Gas Ltd. for6,275,000 metric tons over five years (1.255mn t/y); South Korea's Yosu EnergyCorp. (a subsidiary...