VOL.XXXVI

NO.16

18 JANUARY 1993

SAUDI ARABIA

Samarec Reduces January LPG Prices

The Saudi Arabian Marketing and Refining Company (Samarec) has notified itsLPG customers of a 1.9% decrease in the January price of propane to $130.50/tonfrom the December price of $133.00/ton and an 2.3% decrease in the January priceof butane to $129.50/ton from $132.50/ton in December. Samarec's LPG prices areadjusted monthly in line with the formula which came into effect on 1 January1992. The following table shows...