‎Energy Ministry sets GASCO’s regulatory profit margins

‎Energy Ministry sets GASCO’s regulatory profit margins ‎Energy Ministry sets GASCO’s regulatory profit margins

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Logo ofThe National Gas and Industrialization Co. (GASCO)

The National Gas and Industrialization Co. (GASCO) received a notice from the Ministry of Energy specifying profit margins for the related operational activities of its subsidiaries, based on the nature of each activity.

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The activities include transportation, filling and storage, central tank filling, and the retail sale of cylinders. The profit margins will take effect on Jan. 1, 2026.

In a statement to Tadawul, the company said the decision is expected to have a positive impact on its results starting from the first quarter of 2026.

GASCO said it will conduct a study to assess the expected financial impact and will announce the results once the study is completed.

 

Logo ofThe National Gas and Industrialization Co. (GASCO)

The National Gas and Industrialization Co. (GASCO) received a notice from the Ministry of Energy specifying profit margins for the related operational activities of its subsidiaries, based on the nature of each activity.

The activities include transportation, filling and storage, central tank filling, and the retail sale of cylinders. The profit margins will take effect on Jan. 1, 2026.

In a statement to Tadawul, the company said the decision is expected to have a positive impact on its results starting from the first quarter of 2026.

GASCO said it will conduct a study to assess the expected financial impact and will announce the results once the study is completed.

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