LOC13:14
10:14 GMT
KUWAIT, Nov 30 (KUNA) -- Kuwait Petroleum Corporation (KPC) declared on Sunday new prices of liquefied natural gas (LNG), propane, and butane, for December.
In a statement to KUNA, the corporation said a metric ton of propane would be sold for USD 495 next December, and a metric ton of butane for USD 485.
Both propane and butane are used in the petrochemical industry, cooking, heating, and other purposes.
LNG prices are mainly affected by global oil prices, market supply and demand, and other factors. (end)
km.mt