Kuwait’s KPC announces liquefied natural gas prices

Kuwait Petroleum Corporation (KPC) announced on Monday its liquefied natural gas (LNG) prices, namely propane and butane, for July.

In a press release sent to KUNA, the KPC added that a propane metric ton would be sold for USD 400 during July, and a butane metric ton for USD 375.

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.

Source: Kuwait News Agency