VOL. XLIV

No. 15

9 APRIL 2001

SAUDI ARABIA/KUWAIT

Middle East LPG Producers Announce April Price Cuts As Analyst Forecasts Decline In Exports

Saudi Aramco and Kuwait Petroleum Corporation (KPC) on 1 April announced their LPG contract prices for April, reducing the prices of both propane and butane by $77/ton (see Table below). The previous day Sonatrach informed customers that Algerias contract price for propane in April would be $248/ton, reduced from $275/ton in March, while the butane price...