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Refining Related
Information
     

Saudi Arabia has nine refining complexes that produce gasoline, fuel and diesel oil, liquefied petroleum gas, jet fuel, kerosene and other petroleum products for the domestic market and for export.

Considered among the most technologically advanced in the world, these refineries have an output of eight million barrels per day of petroleum products, most for export.


 

The Kingdom continues to invest in its refineries. In May 2005, Saudi Aramco announced plans for a new refinery in Yanbu with an anticipated capacity of 400,000 barrels per day of petroleum products. Plans are also underway for a new refinery at Jubail that is also expected to have a capacity of 400,000 barrels per day.

Saudi Arabia has entered downstream operations in other countries, including South Korea, the Philippines, Greece, India, and China. Motiva – a joint venture between Shell Oil Company and Saudi Refining Inc. – refines, distributes, and markets oil products in the United States.

 
 

Related Information: Energy

RecentNews:
 
07/01/2008   King Abdullah: Saudi Arabia not responsible for high oil prices
06/24/2008   World Bank to work with Saudi Arabia on energy initiative
06/23/2008   Cabinet welcomes results of the Jeddah energy summit
06/22/2008   King Abdullah: Saudi Arabia to increase oil production


Other Documents:


Energy
More than a quarter of the world's proven oil reserves lie beneath the sands and offshore waters of Saudi Arabia. The discovery of these reserves and the building of the necessary facilities to make possible their use have made the Kingdom the world's largest exporter of oil and natural gas.

Oil
In 1933, Saudi Arabia's founder King Abdulaziz bin Abdelrahman Al-Saud granted the now-historic right to the Standard Oil Company of California (SOCAL) to prospect for oil in the Kingdom.

OPEC
The level of Saudi Arabia's oil production varies according to the state of the world oil market and the quotas of the Organization of Petroleum Exporting Countries (OPEC).
Gas
Saudi Arabia has vast reserves of natural gas, including dissolved, associated and non-associated gases. Most of the natural gas produced is associated gas - light hydrocarbon gases such as ethane and propane produced in association with crude oil.
Minerals & Minings
As early as 1,000 BC, the inhabitants of the Arabian Peninsula extracted gold, silver and copper from the mine called Mahd Al-Dhahab (Cradle of Gold), located about 180 miles northeast of Jeddah.
Electricity
The five-year development plans have targeted the electrification of the country as a top priority.
Solar Energy
In keeping with its long-standing objective of exploring major renewable sources of energy, Saudi Arabia has undertaken extensive research on solar energy.



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