Arab News, Mon, Apr 08, 2024 | Ramadan 29, 1445
Saudi Arabia invites public input for law on dry gas and LPG distribution
Saudi Arabia:
A new law regulating gas distribution for residential and commercial purposes is
open for public consultation as Saudi Arabia aims to ensure nationwide
efficiency and safety.
Saudi Arabia’s Ministry of Energy has sought input
from the general public on the law, inviting interested individuals to share
their opinions through a polling platform until April 28, Al-Ekhbariya
reported.
The law aims to regulate activities in a manner
that serves the public interest and protects the rights and claims of consumers
and licensees. This is achieved by ensuring compliance with approved policies
related to requirements while supplying gas for residential and commercial
purposes.
Additionally, it endeavors to ensure that
distribution is carried out in accordance with relevant environmental standards
and measures.
The law also aims to encourage investments in the
distribution network by fostering a competitive environment that ensures a fair
economic return. This initiative enables consumers in the Kingdom’s provinces to
receive dry gas and LPG.
The draft oversees the regulations that should be
followed while distributing dry gas, liquefied petroleum gas, and synthetic
natural gas.
According to the ministry, dry gas consists of
methane and may include ethane, small quantities of heavier hydrocarbon
compounds, and other components.
On the other hand, LPG refers to hydrocarbon
products consisting of propane and butane, which are sold separately or as a
combination of fuel and feedstock.
SNG is a mixture produced by blending LPG with
air, which exhibits properties similar to the components involved in the
combustion of dry gas.
In February, the ministry revealed that Saudi
Arabian Oil Co. discovered an additional 15 trillion standard cubic feet of gas
in the Kingdom’s Jafurah Field.
In a press statement, the ministry announced that
the discovery also includes two billion barrels of condensate.
With this latest finding, the quantity of
resources in the field has become 229 trillion standard cubic feet of gas and 75
billion barrels of condensate, the ministry added, citing Saudi Arabia’s Energy
Minister, Prince Abdulaziz bin Salman.
The statement added that energy giant Saudi Aramco
made this discovery by applying the highest international standards in
estimating and developing hydrocarbon resources to ensure their proper
exploitation.