LOC11:11
08:11 GMT
KUWAIT, Jan 4 (KUNA) -- Kuwait Petroleum Corporation (KPC) announced Thursday the new prices of liquid gas (Propane and Butane) for January.
In a statement to (KUNA), the corporation said that Propane gas is sold for USD 590 per metric ton, while Butane gas is set at USD 570 per metric ton.
Propane and Butane prices are affected by the rate of crude oil, and the value of the US dollar, along with geopolitical factors and natural disasters.
The two gases are used in the petrochemical industry, cooking, heating and other areas. (end)
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