VOL. XXXVI

NO. 20

15 FEBRUARY 1993

OIL PRICES

Samarec Reduces February LPG Prices

The Saudi Arabian Marketing and Refining Company (Samarec) has notified itsLPG customers of a 6.1% decrease in the February price of propane to $122.50/tonfrom the January price of $130.50/ton and a 5.0% decrease in the February priceof butane to $123.00/ton from the January price of $129.50/ton. Samarec's LPGprices are adjusted monthly in line with the formula which came into effect on 1January 1992. The following...