GULF COOPERATION COUNCIL

Ministers Recommend Unification of Electricity Tariff

Electricity and Water Ministers of the six-member states of the Gulf Cooperation Council (GCC) recommended during their meeting in Doha last week that electricity tariffs for household and commercial consumers should be unified at US$0.02/KwH for consumption up to 2,000 KwH and US$0.08/KwH for consumption over 2,000 KwH. Countries currently charging below these rates will increase their tariffs accordingly by...