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Vision 2030 Fuels Saudi Shift to Natural Gas

Summary by Oil Price
Crude burn—the direct use of crude oil in power plants and industrial facilities, primarily for electricity generation—has long been a staple in Saudi Arabia’s energy mix. The kingdom burns significant volumes of oil to meet domestic electricity demand, which hovers around 171 terawatt-hours (TWh). However, analysis from Rystad Energy shows the upcoming Jafurah shale gas field, set to start production in 2025 and the largest of its kind globally…

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Oil Price broke the news in London, United Kingdom on Wednesday, April 23, 2025.
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