NO. 37

14 JUNE 1993

Saudi Arabia

Samarec Adjusts June LPG Prices

The Saudi Arabian Marketing and Refining Company (Samarec) has notified itsLPG customers of a 0.8% increase in the June price of propane to $128.50/tonfrom $127.50/ton in May and a 12.0% decrease in the June price of butane to$135.50/ton from $154.00/ton in May. Samarec's LPG prices are adjusted monthlyin line with the formula which came into effect on 1 January 1992. The followingtable shows the evolution of Samarec's...