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Consumer gas prices in Saudi Arabia rise by 9.3%

gas prices

Riyadh, (Business News Report)|| Gas prices for the Saudi consumer increased by 9.3%, to a gas cylinder filling of 18.85 riyals.

The Saudi National Gas and Industrialization Company (GASCO) said that the new price includes value-added tax, as an additional amount of 1.6 riyals was added.

GASCO said that the new gas prices do not include transportation fees from distribution stations to outlets.

The price of a liter to fill the used tank was also raised to 0.9 riyals, including value-added tax, after the prices were previously 0.828 riyals, an increase of 8.7%, and the price of a liter increased by 0.072 riyals, according to the Saudi newspaper Okaz.

In the main cities where there is a gas distributor, such as Jeddah, the final prices for consumers amounted to 18.85 riyals, and in Mecca, the prices amounted to 20 riyals, an increase of 1.15 riyals, the cost of transportation, including 1 riyal for transportation per gas cylinder and the tax of 0.15 riyals.

In Yanbu, the prices amounted to 21.5 riyals, and the price of refilling gas in some outlets reached 24 riyals, according to the same newspaper.

Saudi Aramco had announced that the implementation of the price adjustment for liquefied petroleum gas and kerosene products, starting from June 11, 2022.

It indicated that station owners and consumers can follow up on the update of prices through its website.

It should be noted that the domestic prices of liquefied petroleum gas and kerosene products will be reviewed annually in accordance with the governance procedures for adjusting the prices of energy and water products.

Yesterday, Saturday, Aramco announced gasoline prices in the Kingdom of Saudi Arabia for the month of June 2022, which were also applied starting on June 11.

Aramco the Saudi oil giant adjusts the prices of gasoline and fuel in the Kingdom in accordance with the governance procedures for adjusting the prices of energy and water products.

Gasoline prices in Saudi Arabia during June were: 91 riyals at 2.18 riyals, 95 gasoline at 2.33 riyals, diesel at 0.63 riyals, kerosene at 0.81 riyals, and tracked petroleum gas at 0.9 riyals.

Gasoline prices are adjusted on the tenth day of each Gregorian month, then the application will be on the morning of the eleventh day, according to the governance procedures for adjusting energy and water prices in Saudi Arabia.

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