Saudi Arabia: Mega-shift out of liquids

Issue 1125 - 06 May 2021 | 1 minute read

Finance minister Mohammed Al-Jadaan on 24 April said the kingdom could make huge savings by replacing liquid fuel with gas and renewables in domestic consumption. The displacement of liquids, “would represent savings for the government of about SR800bn [$213.3bn] over the next ten years which can be utilised for investment,” Reuters quoted him as saying.

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