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.
How much oil does Saudi Aramco produce?
Saudi Aramco operates the world’s largest single hydrocarbon network, the Master Gas System. In 2013, its crude oil production total was 3.4 billion barrels (540 million cubic metres), and it manages over one hundred oil and gas fields in Saudi Arabia, including 288.4 trillion standard cubic feet (scf) of natural gas reserves.
Which oil fields does Saudi Aramco operate?
Along the Eastern Province, Saudi Aramco most notably operates the Ghawar Field (the world’s largest onshore oil field) and the Safaniya Field (the world’s largest offshore oil field). On 11 December 2019, the company’s shares commenced trading on the Tadawul stock exchange.
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.