NO. 42


Saudi Arabia

Samarec Raises July LPG Prices

The Saudi Arabian Marketing and Refining Company (Samarec)has notified its LPG customers of a 7.3% increase in the July price of propaneto $146.00/ton from $136.00/ton in June and an 11.9% increase in the July priceof butane to $150.00/ton from $134.00/ton in June. 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...