Arab News, Monday, Jul 04, 2022 | Zul Hijjah 5, 1443
Fuel, feedstock prices for Saudi industrial sector to be adjusted from Q4 of 2023
Saudi Arabia:
Saudi Arabia’s Ministry of Industry and Mineral Resources has decided to adjust
the fuel and feedstock prices for the industrial sector from the fourth quarter
of 2023, according to a ministry statement to companies.
The prices will be reviewed annually until 2030,
it stated.
Price adjustment policy will be applicable to
natural gas products, Arab heavy crude oil, ethane, heavy fuel oil, and Arab
light crude oil.