Issued on: 7 Rajab 1446
Corresponding to: 7 January 2025
Published in Umm Al-Qura 5065 issued on 17 January 2025.
Author: Decree
The Council of Ministers,
after perusal in its session held under the chairmanship of the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al-Saud, of Royal Court File 38793 dated 24 Jumada Al-Awwal 1445 [8 December 2023], which includes the Minister of State and Member of the Council of Ministers for Shura Council Affairs, Dr Essam bin Saad bin Saeed, Telegram 7335 dated 19 Jumada Al-Awwal 1445 [3 December 2023], on addressing the legal challenge regarding the expiration of the membership term of some boards of directors of public authorities and establishments and their equivalent without renewing or appointing new members instead of those whose legally specified membership term has expired,
after perusal of article 24 of the Law of the Council of Ministers issued by Royal Order O/13 dated 3 Rabi Al-Awwal 1414 [20 August 1993],
after perusal of Royal Decree D/54 dated 19 Shawwal 1407 [15 June 1987], amended by Royal Decree D/59 dated 15 Sha’ban 1424 [11 October 2003],
after perusal of Bureau of Experts at the Council of Ministers Memorandum 2949 dated 15 Sha ’ban 1445 [25 February 2024] and Memorandum 422 dated 2 Safar 1446 [6 August 2024],
after perusal of the Council of Economic and Development Affairs Recommendation 3-3/46/R and dated 23 Rabi Al-Awwal 1446 [26 September 2024],
and after perusal of the General Committee of the Council of Ministers Recommendation 5005 dated 16 Jumada Al-Awwal 1446 [18 November 2024],
hereby decides
If the term of the boards of directors of public authorities and establishments and their equivalent expires, or the membership of any member in them expires, and no legal instrument is issued to reconstitute any of those boards, renew the membership of those whose membership has expired, or appoint a replacement for him, then the term of membership of any of those boards or their members continues—based on the circumstances—until a legal instrument is issued in this regard.
Salman bin Abdulaziz Al-Saud
Issued on: 7 Rajab 1446
Corresponding to: 7 January 2025
Published in Umm Al-Qura 5068 issued on 7 February 2025.
The Council of Ministers,
after perusal in its session chaired by the Custodian of the Two Holy Mosques,
King Salman bin Abdulaziz Al-Saud,
of Royal Court File 33220,
dated 8 Jumada Al-Awwal 1446 [10 November 2024],
which includes the Minister of Energy Telegram 2945,
dated 1 Ramadan 1444 [23 March 2023],
regarding the draft of the Law of Petroleum and Petrochemical Materials,
after perusal of the aforementioned draft law,
after perusal of Royal Order 10030 dated 15 Safar 1443 [22 September 2021],
after perusal of the Law of the Petroleum Products Trade issued by Royal Decree D/18 dated 28 Muharram 1439 [18 October 2017],
after perusal of the Bureau of Experts at the Council of Ministers Minutes 146 dated 17 Sha’ban 1445 [27 February 2024], Memorandum 3571 dated 13 Shawwal 1445 [22 April 2024], Memorandum 4033 dated 13 Shawwal 1445 [22 April 2024], and Memorandum 2166 dated 17 Jumada Al-Thani 1446 [18 December 2024],
after perusal of Council of Economic and Development Affairs Recommendation 1-1/46/R dated 26 Muharram 1446 [1 August 2024],
after considering Shura Council Decision 80/8 dated 2 Jumada Al-Awwal 1446 [4 November 2024],
and after perusal of the General Committee of the Council of Ministers Recommendation 6781 dated 30 Jumada Al-Thani 1446 [1 January 2025],
hereby decides
First
The Law of Petroleum and Petrochemical Materials is hereby approved in the form attached.
Second
The provisions of the law—referred to in clause First of this decision—do not prejudice the validity of licenses issued in accordance with Law of the Petroleum Products Trade issued by Royal Decree D/18 dated 28 Muharram 1439 [18 October 2017], and the holders of these licenses—at the time the law comes into force—shall rectify their status in accordance with its provisions within a period not exceeding two years from the date of its enforcement. They shall submit a plan to the Ministry of Energy to rectify their status within a maximum period of one year from the date of entry into force of the law and its regulations. The Minister of Energy may grant an additional grace period or periods to rectify their status not exceeding six years from the date of expiry of the specified period for rectifying the status, as he determines to be in the public interest.
A draft royal decree has been prepared in the form attached.
Third
The fee referred to in article 6(1) of the law—referred to in clause First of this decision—must be determined in agreement with the Ministry of Finance and the Non-Oil Revenue Development Center, until the issuance of the Governance of the Practice of Imposing the Fee for Services and Works Provided by Entities That Have the Authority to Impose a Fee, and its entry into force.
Fourth
The amount deducted for the Ministry of Energy from the fee must be determined in accordance with the provisions of article 6(2) of the law—referred to in clause First of this decision—in agreement with the Ministry of Finance and the Non-Oil Revenue Development Center, and must be included in its budget appropriations.
Fifth
The Ministry of Energy and the Ministry of Finance shall establish a mechanism to govern the disbursement of the deducted amount, in accordance with article 6(2) of the law referred to in clause First of this decision.
Sixth
The Ministry of Energy shall, in order to implement the provisions of the law referred to in clause First of this decision, assume all powers and tasks related to regulating petroleum and petrochemical operations, and coordinate—when necessary—with the relevant entities. In particular, it shall carry out the following:
1․ Proposing policies, strategies, plans, and programs related to the petroleum and petrochemical sector, and supervising their implementation after their approval.
2․ Representing the Kingdom and looking after its interests related to petroleum and petrochemical materials in local and international organizations and bodies.
3․ Regulating petroleum and petrochemical operations, and working to protect the public interest as well as the private interest of consumers and licensees.
4․ Taking the necessary measures to secure the needs of the local market, to enhance local content and benefits from petroleum and petrochemical materials in a manner that stimulates production for petrochemical supply chains, to determine export fees—recoverable—for petrochemical materials, to ensure the security and reliability of supplies, and to establish the enabling regulatory arrangements to achieve this.
Salman bin Abdulaziz Al-Saud
Issued on: 7 Rajab 1446
Corresponding to: 7 January 2025
Published in Umm Al-Qura 5066 issued on 24 January 2025.
Issued on: 5 Rajab 1446
Corresponding to: 5 January 2025
Published in Umm Al-Qura 5065 issued on 17 January 2025.
Issued on: 3 Rajab 1446
Corresponding to: 3 January 2025
Published in Umm Al-Qura 5063 issued on 5 January 2025.
Issued on: 30 Jumada Al-Thani 1446
Corresponding to: 1 January 2025
Published in Umm Al-Qura 5065 issued on 17 January 2025.
Issued on: 30 Jumada Al-Thani 1446
Corresponding to: 1 January 2025
Published in Umm Al-Qura 5065 issued on 17 January 2025.