flaxseedolvent oil production line in saudi arabia

   
flaxseedolvent oil production line in saudi arabia
                                               
                                               
                                               
                                               
  • flaxseedolvent oil production line in saudi arabia
  • How much oil does Saudi Arabia produce per day?
  • In 2018, Saudi Arabia produced 12.3* million barrels per day (MMb/d) of oil per day, representing 13% of total global oil production, and exported an estimated 8.5 MMb/d of crude oil and refined products.
  • How many refined products are produced in Saudi Arabia?
  • In 2018, Saudi Arabia produced 1,028.3 MMb of refined products. This represented a 1.9% fall from 2017. Diesel was the most refined product at 392 MMbd, followed by gasoline and fuel oil at 199 MMb. Oil refinery throughput reached 2.7 MMb/d in 2018, which accounted for 3% of global refinery throughput and 47% of all GCC oil refinery throughput.
  • When was Saudi oil discovered?
  • Saudi Arabian oil was first discovered by the Americans in commercial quantities at Dammam oil well No. 7 in 1938 in what is now modern day Dhahran. On January 15, 1902, Ibn Saud took Riyadh from the Rashid tribe. In 1913, his forces captured the province of al-Hasa from the Ottoman Turks.
  • Why is Saudi Arabia trying to diversify its oil market?
  • Saudi Arabia¡¯s effort to economically diversify follows a decade of oil market volatility that has added to a host of economic and political challenges faced by the ruling Al Saud family. Looking ahead, the global effort to move away from fossil fuels, and address climate change, could make Saudi Arabia¡¯s overreliance on oil ever more risky.