News 24 | GASCO: Adjusting selling prices will not have a material financial impact on net income

The National Gas and Industrialization Company “GASCO” announced today (Sunday) that it has received a letter from the Ministry of Energy regarding the amendment of the selling prices of liquefied petroleum gas, as of June 11, 2022.

The company clarified in a statement that the current amendments will not have a material financial impact on the company’s net income during the coming period.

And “GASCO” had previously clarified that the price of refilling a gas cylinder is 18.85 riyals, including value-added tax, indicating that the price of the cylinder does not include transportation fees from distribution stations to outlets.

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