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Saudi Arabia Plans To Free 1 Mb/d As it Invests in Nuclear Power
Saudi Arabia’s power stations, desalination plants, factories and farms consume more than 1 million barrels per day of liquid fuel that the kingdom aims to displace by 2030.
AI Summary
Saudi Arabia intends to eliminate more than 1 million barrels per day of liquid fuel use in its power stations, desalination plants, factories and farms by 2030. The kingdom plans to replace that fuel primarily with natural gas and renewable energy sources. After 2030, nuclear power is slated to further cut domestic oil consumption as electricity demand continues to rise.
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