turn key basis soybean seeds oil production line in saudi arabia

   
turn key basis soybean seeds oil production line in saudi arabia
                                               
                                               
                                               
                                               
  • turn key basis soybean seeds oil production line in saudi arabia
  • How much oil does Saudi Arabia produce in 2021?
  • This includes the production of crude oil, condensates and natural gas liquids, which totalled 1.6m bpd. Focusing on crude oil alone, OPEC statistics indicate that Saudi Arabia produced a total of 9.1m bpd in 2021, representing 13.1% of global crude oil production.
  • Why is Saudi Arabia a major oil producer?
  • Arabia is one of the world¡¯s leading oil producers and exporters. It has the second-largest proven crude oil reserves after Venezuela. Saudi Arabia¡¯s oil reserves have made it one of the most significant players in the global oil market.
  • 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 will Saudi Arabia's new green initiatives impact oil exports?
  • As Saudi Arabia rolls out new green initiatives, the Kingdom¡¯s leadership has indicated that oil exports will remain central to the country¡¯s economic development and export portfolio well into the future.