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Local Consumption of Oil Which Hit 4 Million Barrels a Day Is Considered Highest Rate

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Core Tip: Saudi Aramco announced that local consumption of oil which hit 4 million barrels a day is considered one of the highest rates in t

Saudi Aramco announced that local consumption of oil which hit 4 million barrels a day is considered one of the highest rates in the world. Aramco called for reducing production and consumption of power and to find alternative power sources.

Mr Ahmad Al Khiwaitir executive manager of power systems said that in the Saudi exhibition for electricity held in Riyadh it's an inevitable need to lessen oil consumption. The Kingdom consumes more than 4 million barrels of oil a day to meet the local demand for power.

According to international statistics the average amount of individual consumption of oil in KSA is double the international consumption rate.

Mr Ahmad Al-Khiwaitir said that Aramco has adopted the electricity efficiency program since 2000 which aims to annually reduce power consumption by 2% in the companies' premises. To support this 2GW plants which raise power efficiency to 75% were built to produce steam and electricity.

 
 
 
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