Tag: Ministry of Energy

based on the powers entrusted to him by law, after perusal of the Energy Supply Law issued by Royal Decree D/80 dated 4 Jumada Al-Thani 1444 [28 December 2022], Ministerial Decision for Licence 7 dated 23 Muharram 1427 [22 February 2006], Approving the Licence of the Saudi Petrochemical Company to Own and Operate a Pipeline for the Transport of Butane, Ministerial Decision 1-5929-1441 dated 14 Sha’ban 1441 [8 April 2020], Approving the Amendment of the Licence from the Saudi Petrochemical Company to the Arab Petrochemical Company, and in pursuance of public interest,

hereby decides

First

The service tariff for the use of the Butane Transport Pipeline owned by the Arabian Petrochemical Company is hereby amended to 711.50 (Seven hundred and eleven Riyals and fifty Halalas) per thousand barrels of butane.

Second

This decision comes into force on the date of its publication, and it comes into force for a period of 3 (three) Gregorian years, and 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.

Tags Ministry of Energy

Ministerial Decision

Ministry of Energy: Decision 450201/1594 Amending the Service Tariff for the Use of the Propane Transport Pipeline Owned by the Arabian Petrochemical Company

Post author By [email protected]
Post date 8 November 2023

Arabic

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.