Middle East Economic Survey

VOL. LIII

No 15

12-April-2010

SAUDI ARABIA

Saudi Arabia To Increase Power Generation Spending, Direct Crude Burning

Saudi Arabia is planning to spend $80bn on increasing its power generation and transmission capacity over the next 10 years, and will also increase its direct burning of crude oil for power generation, Deputy Minister for Electricity Salih Alawaji said at a conference in Singapore on 7 April. Two-thirds of this spending will come from the Saudi Electricity...