Saudi predicts it will need to burn 8.3 MMBOEPD to fuel its domestic electricity demands by 2028

The world’s No. 2 oil producer is starting to explore new ways to meet its growing internal energy needs. Unlike many countries which have been seeing a steady decline in their energy intensity, Saudi Arabia is experiencing an increasing need for more energy at home to supply the domestic market.

Given Saudi Arabia’s tremendous oil and gas resources, it might sound strange that the country would look for alternative sources of energy, but dema...

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