Riyadh – Mubasher: Saudi Arabia’s Cabinet approved Monday new tariffs for electricity, which included a rise in consumption prices for housing and governmental sectors.
The Cabinet endorsed also changes to domestic energy prices, which included a rise in fuel prices.
Accordingly, the kingdom raised the price of gas to $1.25 per million British thermal units (mmbtu), ethane to $1.75 per mmbtu, kerosene to $25.70 per barrel.
Diesel prices were also raised to $14.00 per barrel, light Arab crude to $6.35 per barrel, heavy crude 180 to $3.80 per barrel. 91 octane gasoline price was raised to SAR 0.75 per litre, while 95 octane gasoline price was increased to SAR 0.90 per litre.
