SAUDI ARABIA
Petromin Cuts LPG Contract Volumes
Saudi Arabia's Petromin has notified its LPG customers that December deliveries of propane and butane will be cut by 30% and 10% of contracted volumes respectively, meaning an overall reduction in LPG sales of some 22%. The reduction reflects the recent fall in Saudi crude oil (and associated gas) output to below the 4.35mn b/d notional quota for Saudi Arabia under the new 16mn b/d OPEC ceiling. Petromin has also informed its...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!