KSA: Public Consultation on Draft Law on Petrol and Petrochemical Materials
The Ministry of Energy (“MOE”) in the Kingdom of Saudi Arabia (“KSA”) has presented a new Draft Law on Petrol and Petrochemical Materials (“Draft”) for public consultation. The Draft intends to replace the current Law on Trading Petroleum Products enacted by royal decree M/ 18 dated 28/ 01/ 1439 H (corresponding to 18 October 2017). The following provides a high-level summary of the contents of the Draft.
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