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The Saudi Electricity Company (SEC) confirmed in its financial statements for the first quarter of this year that it had successfully settled its dispute with Saudi Aramco over the handling charges of the United States. Crude Oil,
The financial statement report indicated that the total amount contested since the company's inception between April 5, 2000 and December 31, 2017, was approximately R $ 5.1 billion.
The difference between the two companies was also Aramco's objection Approved by the Cabinet of Ministers for government agencies, and pay for the sum
The report indicated a decision of the Council of Ministers of end the dispute, and that Aramco would be held on residential and commercial rates instead of the industrial tariff. In dispute, after several meetings between the Commission and Aramco.
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