VOL. XXXIX

No. 47

19-August-1996

SAUDI ARABIA

Pemex To Import 250,000 Tons Of Saudi Propane

The Mexican state oil company, Pemex, has signed a contract with Saudi Aramco to purchase some 240,000-250,000 tons of Saudi propane over the period September 1996 and March 1997. Pemex will pay the official contract price for the propane and will lift a cargo of up to 42,000 tons every month. Pemex had to resort to imports of propane following an explosion in late July at the Cactus gas processing...