VOL. XXXIX

No. 63

9-December-1996

SAUDI ARABIA

Aramco Moves To Place 1Mn Tons Of Spot Traded LPG Into Term Contracts

When the new year begins next month, chances are that Saudi Aramco will have added a dozen or so new companies to its already long list of LPG contract buyers. Over the past few months the producer has made substantial headway in its effort to find replacement buyers for over 1mn tons of product freed up by a series of oil company cancellations earlier this year (MEES, 6 May)....