NO. 24

16 MARCH 1992

Saudi Arabia

Samarec Adjusts March LPG Prices

The Saudi Arabian Marketing and Refining Company (Samarec) has notified itsLPG customers of a 1.6% decrease in the March price of propane to $121.97/tonfrom $124.00/ton in February and a 2.8% increase in the March price of butane to$120.26/ton from $117.0/ton in February. Samarec's LPG prices are adjustedmonthly in line with the company's new LPG formula which came into effect on 1January 1992. The following table shows...