On September 5, ECRA held a stakeholder workshop to introduce its study for the Development of the Roadmap and Regulatory framework for the Gas Industry to Residential and Commercial Sectors in the Kingdom of Saudi Arabia.
61 stakeholders from 29 different organizations across the full gas value chain came to listen to ECRA’s consultant DNVGL explain what the 6 month study was about, what was expected to be delivered, and how stakeholders could be involved.
The project is a result of the new Law for the Distribution of Dry Gas and Liquefied Petroleum Gas for Residential and Commercial Purposes being introduced under the 2030 Vision. Under this law ECRA has been appointed as the gas industry regulator for commercial and residential gas. The law aims to promote the safe use of LPG in the kingdom, and to open the gas market to competition and private investment to give consumers improved services. The study aims to identify and recommend best global practice for the development of regulation to enable these outcomes to be achieved.