The Oil & Gas Year Saudi Arabia 2014
Saudi Arabia currently supplies 13 percent of annual US crude imports. With 16 percent of global reserves the country will remain a global energy powerhouse. Major oilfield developments will help maintain Saudi Arabia’s oil output. For example, by the end of 2014, the $17-billion Manifa field project is expected to be producing some 900,000 barrels of oil per day.
Downstream diversification continues and The Oil & Gas Year Saudi Arabia 2014 takes a close look at the $20-billion Sadara petrochemicals complex. A combined effort of the Dow Chemical Company and Saudi Aramco, Sadara is the world’s largest petrochemicals plant to be built in one phase.
The latest TOGY title on Saudi Arabia features interviews with industry leading lights including Senior Advisor to the Minister of Petroleum and Mineral Resources Ibrahim Al Muhanna, International Energy Forum secretary general Aldo Flores-Quiroga and Husseini Energy owner and founder Sadad Al Husseini.
Maps, graphs and analysis make this book a vital guide for investors seeking to understand the nation with the world’s largest oil reserves.