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Energy Policy Of Saudi Arabia
Energy in Saudi Arabia involves petroleum and natural gas production, consumption, and exports, and electricity production. Saudi Arabia is the world's leading oil producer and exporter. Saudi Arabia's economy is petroleum-based; oil accounts for 90% of the country's exports and nearly 75% of government revenue. The oil industry produces about 45% of Saudi Arabia's gross domestic product, against 40% from the private sector. Saudi Arabia has per capita GDP of $20,700. The economy is still very dependent on oil despite diversification, in particular in the petrochemical sector. For many years the Kingdom of Saudi Arabia has been the world's largest petroleum producer and exporter. In 2011 it pumped about per day of petroleum. While most of this is exported, domestic use is rapidly increasing, primarily for electricity production. Saudi Arabia also has the largest, or one of the largest, proven crude oil reserves (i.e. oil that is economically recoverable) in the world (18% of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Saudi Arabia Map
Saudi or Saudi Arabian may refer to: * Saudi Arabia * Saudis, people from Saudi Arabia * Saudi culture, the culture of Saudi Arabia * House of Saud, the ruling family of Saudi Arabia See also *Saud (other) {{disambiguation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ghawar Oil Field
Ghawar (Arabic: الغوار) is an oil field located in Al-Ahsa Governorate, Eastern Province, Saudi Arabia. Measuring (some ), it is by far the largest conventional oil field in the world, and accounts for roughly a third of the cumulative oil production of Saudi Arabia as of 2018. Ghawar is entirely owned and operated by Saudi Aramco, the state-run Saudi oil company. In April 2019, the company first published its profit figures since its nationalization nearly 40 years ago in the context of issuing a bond to international markets. The bond prospectus revealed that Ghawar is able to pump a maximum of per day—well below the more than per day that had become conventional wisdom in the market. Geology Ghawar occupies an anticline above a basement fault block dating to Carboniferous time, about 320million years ago; Cretaceous tectonic activity, as the northeast margin of Africa began to impinge on southwest Asia, enhanced the structure. Reservoir rocks are Jurassic Arab- ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Al-Ahsa Governorate
Al-Ahsa (, locally pronounced ''Al-Ḥasāʾ'' ()) also known as Hajar () is the largest Governorates of Saudi Arabia, governorate in Saudi Arabia's Eastern Province, Saudi Arabia, Eastern Province, named after the Al-Ahsa Oasis. In Classical Arabic, 'Ahsa' means the sound of water underground. The largest city of the governorate is Hofuf. It has one of the largest oasis, oases in the world with world-renowned date palmsObaid, Ruba and Hassan, Rashid"Dates with destiny as Al-Ahsa joins list of world treasures."''Arab News'', 6 July 2018. Retrieved 2 July 2020. and, according to one author, the oases of Al-Hasa and Al Ain (in the United Arab Emirates, UAE, on the border with Oman) are the most important in the Arabian Peninsula. The oasis is located about inland from the Persian Gulf, Arabian Gulf. All urban areas are located in the traditional oasis of Al-Hasa. In addition to the oasis, the county also includes the giant Rub' al Khali, Empty Quarter desert, making it the largest go ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Energy Information Administration
The U.S. Energy Information Administration (EIA) is a principal agency of the U.S. Federal Statistical System responsible for collecting, analyzing, and disseminating energy information to promote sound policymaking, efficient markets, and public understanding of energy and its interaction with the economy and the environment. EIA programs cover data on coal, petroleum, natural gas, electric, renewable and nuclear energy. EIA is part of the U.S. Department of Energy. Background The Department of Energy Organization Act of 1977 established EIA as the primary federal government authority on energy statistics and analysis, building upon systems and organizations first established in 1974 following the oil market disruption of 1973. EIA conducts a comprehensive data collection program that covers the full spectrum of energy sources, end uses, and energy flows; generates short- and long-term domestic and international energy projections; and performs informative energy analyses ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
World Trade Organization
The World Trade Organization (WTO) is an intergovernmental organization headquartered in Geneva, Switzerland that regulates and facilitates international trade. Governments use the organization to establish, revise, and enforce the rules that govern international trade in cooperation with the United Nations System. The WTO is the world's largest international economic organization, with 166 members representing over 98% of global trade and global GDP. The WTO facilitates trade in goods, trade in services, services and intellectual property among participating countries by providing a framework for negotiating trade agreements, which usually aim to reduce or eliminate tariffs, Import quota, quotas, and other Trade barrier, restrictions; these agreements are signed by representatives of member governments. (The document's printed folio numbers do not match the PDF page numbers.) and ratified by their legislatures. It also administers independent dispute resolution for enforcing ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Saudi Aramco
Saudi Aramco ( ') or Aramco (formerly Arabian-American Oil Company), officially the Saudi Arabian Oil Company, is a majority state-owned petroleum and natural gas company that is the national oil company of Saudi Arabia. , it is the fourth- largest company in the world by revenue and is headquartered in Dhahran. Saudi Aramco has both the world's second-largest proven crude oil reserves, at more than , and largest daily oil production of all oil-producing companies. Saudi Aramco operates the world's largest single hydrocarbon network, the Master Gas System. In 2024, its oil production total was 12.7 million barrels of oil equivalent per day, and it manages over one hundred oil and gas fields in Saudi Arabia, including 288.4 trillion standard cubic feet (scf) of natural gas reserves. Along the Eastern Province, Saudi Aramco most notably operates the Ghawar Field (the world's largest onshore oil field) and the Safaniya Field (the world's largest offshore oil field). [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Saudi Arabia Crude Oil Production And Exports In January 2015 Through May 2019 (48364350126)
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Saudi or Saudi Arabian may refer to: * Saudi Arabia * Saudis, people from Saudi Arabia * Saudi culture, the culture of Saudi Arabia * House of Saud, the ruling family of Saudi Arabia See also *Saud (other) The House of Saud The House of Saud ( ) is the ruling royal family of Saudi Arabia. It is composed of the descendants of Muhammad bin Saud, founder of the Emirate of Diriyah, known as the First Saudi State, (1727–1818), and his brothers ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Red Sea
The Red Sea is a sea inlet of the Indian Ocean, lying between Africa and Asia. Its connection to the ocean is in the south, through the Bab-el-Mandeb Strait and the Gulf of Aden. To its north lie the Sinai Peninsula, the Gulf of Aqaba, and the Gulf of Suez—leading to the Suez Canal. It is underlain by the Red Sea Rift, which is part of the Great Rift Valley. The Red Sea has a surface area of roughly , is about long, and wide at its widest point. It has an average depth of , and in the central Suakin Trough, it reaches its maximum depth of . Approximately 40% of the Red Sea is quite shallow at less than deep and about 25% is less than deep. The extensive shallow shelves are noted for their marine life and corals. More than 1,000 invertebrate species and 200 types of soft and hard coral live in the sea. The Red Sea is the world's northernmost tropical sea and has been designated a Global 200 ecoregion. Extent The International Hydrographic Organization defines the limi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Yanbu
Yanbu (), also known as Yambu or Yenbo, is a city in the Medina Province of western Saudi Arabia. It is approximately 300 kilometers northwest of Jeddah (at ). The population is 31,800 (2025 census). Many residents are foreign expatriates working in the oil refineries and petrochemical industry, mostly from Asia, but there are also large numbers of courtesans from the Middle East, Europe, and North America. Yanbu has three primary sections; Yanbu Al-Bahr, Yanbu Al-Nakhl and Yanbu Al-Sina'iya as well as a major Red Sea port. History Pre-modern era Yanbu's history dates back at least 2,500 years, when it was a staging point on the spice and incense route from Yemen to Egypt and the Mediterranean region. Sharm Yanbu (), historically known as Charmuthas, which is a small peninsula located to the north of Yanbu was mentioned by the Greek historian Diodorus Siculus. The Invasion of Dul Ashir took place in Yanbu two or three centuries after prophet Muhammad's return fr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ras Tanura
Ras Tanura (, presumably due to the unusual heat prevalent at the cape that projects into the sea) is a city and semi-governorate in the Eastern Province, Saudi Arabia, Eastern Province of Saudi Arabia located on a peninsula extending into the Persian Gulf, Even though the closest governorate is Qatif and geographically it can be considered part of Qatif, the city is de facto under the administration of the Jubail governorate, The name Ras Tanura applies both to a Gated community, gated Saudi Aramco employee compound (also referred to as "Najmah") and to an industrial area further out on the peninsula that serves as a major Petroleum, oil port and oil operations center for Aramco, the largest oil company in the world. Today, the compound has about 3,200 residents, with a few Americans and British expats. Geographically, the Ras Tanura complex is located south of the modern industrial port city of Jubail and north across Tarout Bay from the old port city of Dammam. Although Ras T ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Supertankers
An oil tanker, also known as a petroleum tanker, is a ship designed for the bulk transport of oil or its products. There are two basic types of oil tankers: crude tankers and product tankers. Crude tankers move large quantities of unrefined crude oil from its point of extraction to refineries. Product tankers, generally much smaller, are designed to move refined products from refineries to points near consuming markets. Oil tankers are often classified by their size as well as their occupation. The size classes range from inland or coastal tankers of a few thousand metric tons of deadweight (DWT) to ultra-large crude carriers (ULCCs) of . Tankers move approximately of oil every year.UNCTAD 2006, p. 4. Second only to pipelines in terms of efficiency,Huber, 2001: 211. the average cost of transport of crude oil by tanker amounts to only US. Some specialized types of oil tankers have evolved. One of these is the naval replenishment oiler, a tanker which can fuel a moving vesse ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
