VOL. XLV
No 1
7-January-2002
SAUDI ARABIA
Saudi Aramco And KPC Raise PropanePrice As Asia Market Tightens
Saudi Aramco and Kuwait PetroleumCorporation (KPC) announced their January LPG contract prices to customers on 1January, raising the price of propane by $17/ton to $227/ton and rolling overthe butane price of $205/ton from last month (see Table below). MEESunderstands that the January pricing reflects a tightening of the Asian propanespot market during December, while the global propane...
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