NO. 24

19 MARCH 1990

Saudi Arabia

Samarec Lowers March LPG Prices

The Saudi Arabian Marketing and Refining Company (Samarec) has notified itsLPG customers of a reduction in the March price of propane and butane to$121.53/ton and $119.86/ton respectively from the February price of $125.25/tonfor propane and $123.50/ton for butane.The new prices are linked to the BTUvalue of Arabian Light crude prices for Far East destinations in the precedingmonth of February, in line with the LPG...