VOL. XLV

No 36

9-September-2002

SAUDI ARABIA

Saudi Aramco,KPC Raise September LPG Prices As Asia MarketRevives

SaudiAramco and Kuwait Petroleum Corporation (KPC)announced to customers on 1 September their LPG contract prices for Septemberdeliveries, raising the price of propane by $25/ton to $260/ton and the priceof butane by $30/ton to $255/ton. MEES soundings indicate that the pricerises were based on a strong spot market performance for LPG during August,particularly in Asia, with China a keen...