NO. 10

11 December 1989

Saudi Arabia

Samarec Raises December LPG Prices

The Saudi Arabian Marketing and Refining Company (Samarec) has notified itsJapanese LPG customers of an increase in the December prices of propane andbutane to $115/ton and $114/ton respectively from the November prices of$110/ton for propane and $108/ton for butane. Last month Samarec introduced anew LPG price formula which incorporates different ceilings for summer andwinter deliveries, both related to the...