VOL. XLII

No. 02

11-January-1999

SAUDI ARABIA

Saudi Aramco Lowers January LPG Prices

Saudi Aramco has lowered its January contract price for propane to$170/ton and that for butane to $180/ton from $195/ton and $218/ton respectively inDecember 1998. Compared to January 1998 the new price for propane is $10/ton lower andthat for butane is unchanged. The following table shows the evolution of Saudi LPG pricessince January 1997:

Saudi Aramcos LPG Prices

($/Ton)

Date of Change

Propane

Butane

...