VOL. XXX

NO. 7

24-NOVEMBER-1986

SAUDI ARABIA

Petromin Favors Collective Negotiation of Saudi LPG Export Price to Japan

According to the President of the Japan LPG Association, Mr. Masahara Yuasa,the Governor of Saudi Arabia's Petromin, Dr. Abdulhady Taher, last monthsuggested to Japanese importers of Saudi LPG that the question of long term pricing formulas for LPG should be discussed on acollective basis with a viewto making major revisions. Dr. Taher has reportedly proposed that he should...