VOL. XLV
No 9
4-March-2002
OIL PRICES/SAUDI ARABIA
Saudi Aramco Reduces LPG Prices By$5/Ton
Saudi Aramco announced tocustomers on 28 February a $5/ton reduction in LPG contract prices for Marchdeliveries, with propane set at $215/ton and butane at $180/ton. AlthoughKuwait Petroleum Corporation (KPC) normally follows the Saudi lead in its ownpricing, the force majeure on LPG exports in the wake of the blast inRaudhatain field a the end of January is still effective, and the companyissued no...
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