VOL. XLIV

No 36

3 September 2001

SAUDI ARABIA/KUWAIT

Saudi Aramco And KPC CutPropane Price For September But Maintain Butane Price

Saudi Aramco and Kuwait PetroleumCorporation (KPC) on 30 August announced their September LPG contract prices,lowering the cost of propane by $10/ton to $230/ton but maintaining the pricefor butane at $215/ton. As last month, the pricing was affected by the usualdrop in demand during the summer season and a slump in the global petrochemicalsmarket brought about by the...