NO. 3

18 OCTOBER 1993

Saudi Arabia

Saudi Aramco Lowers October LPG Prices

The Saudi Arabian Oil Company (Saudi Aramco) has notified its LPG customersof a 4.8% decrease in the October price of propane to $108.50/ton from$114.00/ton in September and a 1.3% decrease in the October price of butane to$110.50/ton from $112.00/ton in September. Saudi LPG prices are adjusted monthlyin line with the formula which came into effect on 1 January 1992. The followingtable shows the evolution of...