Kuwait city: Kuwait Petroleum Corporation (KPC) declared on Sunday new prices of liquefied natural gas (LNG), propane, and butane, for December.
According to Kuwait News Agency, the corporation announced that a metric ton of propane would be sold for USD 495 next December, while a metric ton of butane would be priced at USD 485. Both propane and butane have various applications, including in the petrochemical industry, cooking, and heating.
LNG prices are influenced by several factors, including global oil prices and market supply and demand.