(EnergyAsia, October 24 2011, Monday) — Saudi Arabia’s role as the world’s largest oil exporter will shrink over the coming years on sharply rising domestic consumption even as it promises to raise production.Recently, Riyadh-based Jadwa Investment issued a study projecting the kingdom’s crude oil exports to fall to 6.3 million b/d in 2015 and six…
SAUDI ARABIA: Export surplus dwindles in the face of rising domestic demand
Posted on October 24, 2011 by EnergyAsia