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Kingdom of Saudi Arabia - Energy Sector Report

Publisher: Gulf Research Center
Date of Publication: Nov 2016
Publications Categories: Reports
Price: 375.16 SAR

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Saudi Arabia is the world’s largest producer and exporter of oil, accounting for 13% of global oil production. The oil reserves of the Kingdom are the second largest in the world, with a global share of around 16%. Over the last three decades, oil consumption in Saudi Arabia has grown at a CAGR of 5.3%. About 75% of the crude oil produced in Saudi Arabia is exported as crude and refined products, the remaining being consumed locally.

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