Middle East Economic Survey

VOL. LII

No 18

04-May-2009

OPEC/OIL PRICES/SAUDI ARABIA/KUWAIT

Saudi LPG Prices For May Reduced

Saudi Aramco and Kuwait Petroleum Corporation (KPC) announced to customers on 30 April that LPG contract prices for May deliveries would be $380/ton for propane and $400/ton for butane, reduced by $15/ton and $5/ton respectively from April. Ron Gist, Managing Consultant at the Houston office of Purvin & Gertz, told MEES that the May LPG pricing was in line with recent...