NO. 20

17 FEBRUARY 1992

Saudi Arabia

Samarec Lowers February LPG Prices

The Saudi Arabian Marketing and Refining Company (Samarec) has notified itsLPG customers of a decrease in the February prices of propane to $124/ton(-35.4%) and butane to $117/ton (-33.5%), from the January prices of $191.87/tonand $176.06/ton respectively, in line with Samarec's new LPG formula, which cameinto effect on 1 January 1992. The following table shows the evolution ofSamarec's LPG prices before and after...