VOL. XXXVII

NO. 49

5 SEPTEMBER 1994

Saudi Arabia

Saudi Aramco Lowers September LPG Prices

Saudi Aramco has notified its LPG customers of a 2.8% decrease in theSeptember price of propane to $123.00/ton from $126.50/ton in August, and a 2.4%decrease in the September price of butane to $121.50/ton from $124.50/ton inAugust. September is the last month to see LPG prices adjusted in line withthe crude-linked term formula based on the BTU value of Arab Light, which cameinto effect on 1 January 1992....