16 AUGUST 1993
Saudi Aramco Lowers August LPG Prices
The Saudi Arabian Oil Company (Saudi Aramco) has notified its LPG customersof a 6.8% decrease in the August price of propane to $117.00/ton from$125.50/ton in July and a 9.7% decrease in the August price of butane to$111.50/ton from $123.50/ton in July. Saudi LPG prices are adjusted monthly inline with the formula which came into effect on 1 January 1992. The followingtable shows the evolution of Saudi LPG prices...