Law of Energy Supplies
Art. 5Status unknownSaudi ArabiaRegulation
Issued by Ministry of Investment (misa.gov.sa)
1. Without prejudice to the provisions of licenses issued under other laws to
engage in one energy activity or more, obtaining a license from the Ministry
shall be required prior to engaging in activities relating to natural gas and its
Law of Energy Supplies
liquids or activities relating to hydrogen. Such activities shall include
transportation, processing, fractionation, gas purification, assembly, storage,
local distribution, import and export, sale, and construction, ownership, and
operation of networks and facilities of natural gas and its liquids or hydrogen
facilities, in accordance with the Regulations.
2. The Regulations shall determine the fees for licenses.
3. The licensee shall obtain an insurance policy that covers his civil liability for
any damage resulting from his management, as determined by the
Regulations.
4. Ownership of tangible assets shall, upon expiration of the license, devolve
to the State, unless the license stipulates otherwise or the Ministry decides
to relinquish such assets upon agreement with the Ministry of Finance. The
licensee shall deliver such assets to the Ministry in proper condition, except
for normal wear and tear. Tangible assets mentioned in this paragraph shall
refer to networks, pipelines, and plants designated for transportation,
fractionation, processing, purification, assembly, storage, distribution, import
and export, and sale of natural gas and its liquids as well as the networks
and facilities for the production and distribution of hydrogen, and any fixed
assets related thereto that are required by operations.
The Arabic text is the legally binding version. The English translation is provided for guidance only.
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