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The Natural Gas Distribution Company announces that it has received a letter from the Ministry of Energy regarding amending the price of the gas service tariff.

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NGDC
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1445/09/10     20/03/2024 16:01:37

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Announcement Detail The Natural Gas Distribution Company announces that it has received a letter from the Ministry of Energy dated 03/20/2024 AD regarding amending the service tariff prices for natural gas to become one riyal and twenty halalas (1.20 riyals) per million British thermal units, added to the local price, with an increase of 4.58%. As of the date of publication of the decision in the Official Gazette.

Accordingly, the company would like to clarify that the current amendments will have a positive financial impact on increasing the company’s profits during the coming period.

The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.

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Last Price 40.0
Net Change 0.0 (0.0%)
Value Traded (Sar) 160,564
Volume Traded 4,018
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