VOL. XXXIV

NO. 50

16 SEPTEMBER 1991

Saudi Arabia

Samarec Raises September LPG Prices

The Saudi Arabian Marketing and RefiningCompany (Samarec) has notified its LPG customers of a 2.33% increase in theSeptember prices of propane and butane to $127.32/ton and $125.57/tonrespectively from the August price of $124.42/ton for propane and $122.71/tonfor butane. Saudi LPG prices are linked to the BTU value of Arabian high crudefor Far East destination in the preceding month, in accordance with the LPG...