Kuwait's KPC Announces LNG Prices For Feb.
(MENAFN- Kuwait News Agency (KUNA))
KUWAIT, Feb 2 (KUNA) -- Kuwait petroleum Corporation (KPC) announced on Sunday its new liquefied natural gas (LNG) prices, namely propane and butane, for February.
In a press release sent to KUNA, the KPC added that a propane metric ton would be sold for USD 635 and a butane metric ton for USD 625 during February.
Both liquefied natural gases, propane and butane, are used in petrochemical industry, cooking and heating purposes, it added.
LNG prices are mainly affected by the increase and decrease of global oil prices, market supply and demand and other factors. (end)
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