The Minister of Energy,
Based on the powers entrusted to him by law, after perusal of the Energy Supply Law promulgated by Royal Decree D/80 of 4 Jumada Al-Thani 1444 [27 December 2022], and Ministerial Decision for Licence 2 of 27 Shawwal 1423 [1 January 2003], Approving the Licence of the Arab Petrochemical Company to Own and Operate a Pipeline for Propane Transport, and clause Eighth of annex 2 of the aforementioned Ministerial Decision for Licence 2, which states that “the ministry may, as it deems fit, make amendments to the applicable service tariff,” and in pursuance of public interest,
hereby decides
First
The service tariff for the use of the propane transport pipeline owned by the Arabian Petrochemical Company is hereby amended to become 335.50 (Three hundred and thirty-five Riyals and fifty Halalas) per thousand barrels of propane.
Second
This decision comes into force on the date of its publication, and must act by virtue of it for a period of 3 (three) Gregorian years. It repeals all decisions in conflict with it.
Third
This decision is subject to all the provisions of the orders, laws, regulations, instructions, procedures, relevant decisions, and any of its amendments.
Fourth
This decision must be published in the official gazette.
This decision must be communicated to those who are required to implement it and act on it.
Minister of Energy
Abdulaziz bin Salman bin Abdulaziz
Issued on: 24/4/1445
Corresponding to: 8/11/2023
Published in Umm Al-Qura 5010 issued on 8 December 2023.