Middle East Economic Survey
VOL. XLVIII
No 44
31-October-2005
SAUDI ARABIA
Saudi Arabia To Account For 13% Of Global Hydrocarbon Production In 2009
Saudi Arabian General Investment Authority (SAGIA) energy sector director 'Abd al-Wahab al-Sa'dun expects the kingdoms share of global hydrocarbon production to reach 13% by 2009 and investments in the hydrocarbon sector to rise to SR354bn ($94.4bn) for the period 2004-09. Saudi Arabias hydrocarbon production exceeded 34mn tons in 2004 and its...
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