Friday, March 19, 2010

Change in Saudi Arabian pricing for ethane, LPG, naphtha could affect competitiveness of investments

Saudi Arabian feedstock pricing arrangements for ethane, liquefied natural gas (LPG) and naphtha could change in 2011, affecting the competitiveness of existing and future investments as per ICIS.
Etthane is currently still priced at around 75 cents/mBTU and there is a formula for LPG, based on a discount from prevailing CFR Japan naphtha prices.

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