VOL. XXXVI

NO. 41

12 JULY 1993

SAUDI ARABIA

Samarec Lowers July LPG Prices

The Saudi Arabian Marketing and Refining Company (Samarec) has notified itsLPG customers of a 2.3% decrease in the July price of propane to $125.50/tonfrom $128.50/ton in June and an 8.9% decrease in the July price of butane to$123.50/ton from $135.50/ton in June. 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...