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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Saudi Arabia to double gasoline and oil derivatives prices

    Rocky
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    • Post n°1

    Saudi Arabia to double gasoline and oil derivatives prices Empty Saudi Arabia to double gasoline and oil derivatives prices

    Post by Rocky Mon 01 Jan 2018, 2:11 am

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    Saudi Arabia to double gasoline and oil derivatives prices

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    [ltr][rtl]Release Date: 2018/1/1 8:36[/rtl] • [rtl]107 times read[/rtl][/ltr]
    [ltr]Saudi Arabia to double gasoline and oil derivatives prices Story_img_5a49c8cfc2c63
    [Where - Continue] 
    Saudi Arabia's Ministry of Energy (MoE) on Monday began to apply new prices for oil derivatives.
    The ministry said in a statement that it was decided to raise the price of [petrol 91] from 0.75 riyals per liter to 1.37 riyals [the dollar equivalent to 3.75 Saudi riyals] and raise the price of [petrol 95] from 0.90 riyals per liter to 2.04 riyals. 
    It was also decided to change the price of diesel [for industry and utilities] to 0.378, while the price of diesel "transport" on the previous basic price 0.64 riyals, as well as the price of kerosene at its previous price of 0.64 riyals. 
    The ministry added that the new prices include the value added tax, "indicating that the correction of energy prices comes within the plan of the financial balance program to correct the prices of energy products," domestic oil derivatives, "which aims to reduce the rapid growth in domestic consumption of energy products in the Kingdom and ensure the optimal use of national natural resources And promote their sustainability. 
    She stressed that the regulatory authorities are monitoring the markets to ensure the application of prices and non-tampering and non-interruption of supplies, noting that the penalties will apply to those who raise prices before the announced date or stop providing products. 
    Saudi Aramco will also provide its customers with detailed information on how these prices will be applied. 
    Saudi Arabia has announced that it will start implementing the value added tax (VAT) as of Monday under the unified GCC agreement adopted at the GCC summit held in Riyadh in December 2015. 
    VAT is an indirect tax levied on all goods and services purchased and sold by enterprises with certain exceptions, which are levied at each stage of the supply chain from production through distribution to the final sale of the goods or services. 
    The six Gulf Cooperation Council (GCC) countries have signed the regulations and regulations of the unified value-added tax agreement and the GCC's Selective Tax Convention as part of the introduction of VAT on import and supply of goods and services at a core rate of 5 per cent. In order to implement the provisions of the Convention, including the development of policies and procedures for the application of the tax, in a manner not inconsistent with the provisions of this Convention. 


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    Rocky
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    • Post n°2

    Saudi Arabia to double gasoline and oil derivatives prices Empty With 2018 Saudi Arabia and Tunisia raise the prices of oil derivatives

    Post by Rocky Mon 01 Jan 2018, 3:37 am

    With 2018 Saudi Arabia and Tunisia raise the prices of oil derivatives


    Monday, January 1 2018






    Alsumaria News / Baghdad 
    raised both Saudi Arabia and Tunisia prices of oil derivatives with the year 2018, as part of plans to reduce government support for them. 

    The Ministry of Energy, Industry and Mineral Resources of Saudi Arabia said that "the increase in the prices of derivatives comes within the plan of the financial balance program to correct the prices of energy products and local oil derivatives," noting that "the application of new prices, will be starting at noon, midnight Monday."



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    • Saudi Arabia to double gasoline and oil derivatives prices ArrowSelected2North Korea bans sale of gasoline at commercial terminals



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    "The price of gasoline 95 octane was 2.04 riyals after it was 0.90 riyals, while diesel prices were 0.378 riyals after it was 0.33 riyals." 

    For its part, the Tunisian government raised fuel prices, increasing the price of gasoline by 2.85 percent, as part of plans to reduce government subsidies and reduce the budget deficit, in the framework of major reforms demanded by international lenders. 

    "It is decided to raise the price of a liter of gasoline to 1.800 dinars (0.7333 dollars) from 1.750 dinars starting from midnight," the Tunisian Ministry of Energy, Mines and Renewable Energy said in a statement. 

    This is the second increase after the Tunisian government raised petrol prices by 6.7 percent last July as Tunisia struggles to rein in the growing trade deficit due to rising energy imports.[/size]



    http://www.alsumaria.tv/news/225650/%D9%85%D8%B9-%D8%B9%D8%A7%D9%85-2018-%D8%A7%D9%84%D8%B3%D8%B9%D9%88%D8%AF%D9%8A%D8%A9-%D9%88%D8%AA%D9%88%D9%86%D8%B3-%D8%AA%D8%B1%D9%81%D8%B9%D8%A7%D9%86-%D8%A3%D8%B3%D8%B9%D8%A7%D8%B1-%D8%A7%D9%84%D9%85%D8%B4%D8%AA%D9%82%D8%A7%D8%AA-%D8%A7/ar
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