NO. 2

14 OCTOBER 1991

Saudi Arabia

Samarec Raises October LPG Prices

Saudi Arabia's Samarec has notified its LPG customers of a 6.91% increase inthe October prices of propane and butane to $136.12/ton and $134.25/tonrespectively from the Sep- tember price of $127.32/ton for propane and$125.57/ton for butane. Saudi LPG prices are linked to the BTU value of ArabianLight crude for Far East destinations in the preceding month, in accordance withthe LPG price formula adopted in November 1989....