VOL. XXXVII

NO. 42

18-JULY-1994

Saudi Arabia

Aramco To Overhaul LPG Contract Terms In Wake Of New Pricing System

Following Saudi Aramco's decision earlier this month to replace its currentcrude-linked LPG term formula with a monthly assessment based on current andforecasted market trends effective 1 October (MEES, 11 July), the company is nowsetting its sights on fashioning a more uniform marketing strategy which putsLPG sales on the same basis as crude oil and refined products, the vast majority...