VOL. XXXIII

NO.18

5 FEBRUARY 1990

Saudi Arabia

Samarec Raises February LPG Prices

The Saudi Arabian Marketing and Refining Company (Samarec) has notified itsLPG customers of an increase in the February prices of propane and butane to$125.25/ton and $123.50/ton respectively from the January prices of $119.85/tonfor propane and $118.20/ton for butane. The new prices are equivalent to 85% ofthe BTU value of Arabian Light crude prices for Far East destinations in thepreceding month of January, in line...