SAUDI ARABIA
Aramco Prepares To Enter Saudi Power Market
By Nick Wilson in Jiddah
To create a more competitive power market Saudi Arabia is preparing a transmission network upgrade and regulations that will allow multiple companies, including Saudi Aramco, to sell power to Saudi Electricity Company (SEC). Saudi Aramco – a current net buyer – is building power plant capacity that would allow it to become a net seller.
Under the new rules...
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