Khaberni - Minister of Energy and Mineral Resources Dr. Saleh Al-Kharabsheh confirmed that the energy sector, including electricity and petroleum derivatives, operates at a regular and highly advanced pace despite the challenges faced during the past years when it depended on a single source, noting that the reliance today on multiple sources and different types of energy and developing its infrastructure has increased the efficiency and sustainability of this sector.
Al-Kharabsheh stated during a government meeting today, Wednesday, that the kingdom's energy stock is secure, and the supply of natural gas shipments is proceeding at a good pace and that there is no problem in the supply, emphasizing that the main challenge lies in the rising shipping costs, especially if the crisis persists – God forbid – and costs continue to rise.
Regarding petroleum derivatives, Al-Kharabsheh confirmed that the kingdom's stock of these derivatives is safe and sufficient for 30 to 60 days under normal rates, and that shipments are arriving successively, pointing out that the strategic stock of derivatives has not been tampered with so far.
He also mentioned that work continues on major national projects in the energy field, notably the Risha Gas Pipeline project linked to the Arab Gas Pipeline, which is scheduled to be ready by the year 2029, along with other projects for investing in natural resources and maximizing the benefit from domestic resources.
Regarding the pricing of petroleum derivatives for the coming month, Al-Kharabsheh pointed out that the government monitors global prices that change daily and have increased significantly in the past weeks, confirming that the government will not adjust fuel prices to the same extent as the global price increase in an attempt to alleviate the burden on citizens.
