Indonesian Ministry of Trade launches digital expo in an effort to revitalize global trade    US releases suite of analyses on climate security, threats    WHO: Europe the only region with rise in COVID-19 last week    Fifth FII to discuss ways to invest in clean water, education, public health, gender equality and fighting poverty    Al-Mouallimi: UNSC statement a severe blow to Houthis    Trend Micro blocked 48 million threats in KSA, reveals its Midyear round up report for H1 2021    Saudi Initiatives draw road map to protect environment locally and internationally    Saudi National Team is among top 50 teams in world in FIFA ranking    Intigral partners with 'Etisalat' in Egypt offering epic streaming service to new audiences    Makkah court revokes fines slapped on Umrah companies for visa violations    Justice Ministry eases Covid restrictions, allows lawyers entry to all courts    King, Crown Prince congratulate Dame Cindy, New Zealand's new governor-general    Rush for profits posing threat to human rights, UN experts warn    250,000 witnessed Pitbull exceptional concert in Riyadh Season 2021 opening    Bollywood superstar's son denied bail in drugs case    Olympic flame arrives in China for Beijing 2022 Winter Games    General admission tickets on sale now for F1 STC Saudi Arabian Grand Prix 2021    Al-Hilal reaches AFC final again    Jeddah Old Town to be home for Red Sea International Film Festival    REDTAG launches Winter Collection endorsed by Myriam Fares, inspired by a world reawakening to endless discovery    Acclaimed Spanish female crime writer revealed to be three men    Saudis, expats mourn death of prominent Filipino preacher in Riyadh    Bollywood actor Sidharth Shukla dies at 40    Custodian of the Two Holy Mosques Directs KSrelief to Urgently Provide Malaysia with Medical, Preventive Equipment and Supplies to Address COVID-19 Pandemic    Weather Forecast for Sunday    Custodian of the Two Holy Mosques Congratulates President of Maldives on Independence Day    RSNF Commander Patronizes Ceremonial Launching of His Majesty's Ship "Jazan"    OIC Condemns Houthi Attempts to Target Civilians in Saudi Arabia    Philippines evacuates thousands as monsoon rains flood cities, provinces    Heavy rain in India triggers floods, landslides; at least 125 dead    U.S. Records 64,321 New Infections of Coronavirus    Without Fans, Tokyo Olympics Kicked Off    Pilgrims Perform Dhuhr and Asr Prayers at Arafat Holy Site    Dr. Mohammed Sulaiman Al-Jasser, Saudi Arabia's Pick to Chair IsDB Group for the next five years, unanimously approved by BoG Committee of Procedures    Saudi Press: Fitch affirms Saudi Credit Rating at "A" with a revised outlook to stable from negative    Handled Cargo at Saudi Ports Increases during June 2021    SDAIA, DARP & STC Launch Pilgrim's Smart Bracelet (NUSK)    Tabuk sculptor spends 8 years in carving entire Holy Qur'an on 30 marble slabs    2 Goals by Diaz Gives Colombia 3rd Place at Copa America    Saudi Cinema Night at Arab World Institute in Paris Kicks Off    KSU Leads Joint International Scientific Project for Early Detection of Breast Cancer    Saudi Arabia to Participate in Cannes Film Festival 2021    Arab Cup U-17 Championship Draw Saudi Arabia, Morocco, Palestine, Kuwait, in the 1st Group    AWI Hosts Saudi Cinema Nights in Paris    Brazil Beats Chile at Copa America Despite 2nd-Half Red Card    Council of Senior Scholars: Muslim Brothers' Group Don't Represent Method of Islam, rather only Follows its Partisan Objectives, Violating our Graceful Religion    Eid Al-Adha Prayer Performed at the Grand Holy Mosque    Pilgrims Perform Dhuhr and Asr Prayers in Arafat Holy Site    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



UK suspends competition law to get petrol to forecourts
Published in The Saudi Gazette on 27 - 09 - 2021

The UK government is to suspend competition law to allow oil firms to target fuel deliveries at petrol stations following recent panic buying, BBC reported.
Officials said the move would make it easier for companies to share information and prioritise parts of the country most at need.
It follows days of long queues at the pumps, after fears of disruption to the fuel supply sparked panic buying.
Ministers are also considering deploying the Army to deliver fuel.
The option is under discussion, and could be examined at a possible cabinet meeting on Monday.
The Petrol Retailers Association has warned that as many as two-thirds of its membership of nearly 5,500 independent outlets are out of fuel, with the rest of them "partly dry and running out soon".
Announcing the measure to exempt the oil industry from the Competition Act 1998, Business Secretary Kwasi Kwarteng said the government had "long-standing" contingency plans to maintain fuel supplies.
"While there has always been and continues to be plenty of fuel at refineries and terminals, we are aware that there have been some issues with supply chains.
"This is why we will enact the Downstream Oil Protocol to ensure industry can share vital information and work together more effectively to ensure disruption is minimized.
"We thank HGV drivers and all forecourt staff for their tireless work during this period."
The government also relaxed competition law in March 2020, to help supermarkets work together to maintain food supplies.


Clic here to read the story from its source.