NO. 33

18 MAY 1992

Saudi Arabia

Samarec Raises May LPG Prices

The Saudi Arabian Marketing and Refining Company (Samarec)has notified its LPG customers of a 4.9% increase in the May price of propane to$128.50/ton from $122.50/ton in April and a 3.2% increase in the May price ofbutane to $127.00/ton from $123.00/ton in April. Samarec's LPG prices areadjusted monthly in line with the company's new LPG formula which came intoeffect on 1 January 1992. The higher LPG prices reflect the rise...