KSA's home consumption of oil 4 m bpd

Updated 29 November 2012
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KSA's home consumption of oil 4 m bpd

Saudi Aramco announced that local consumption of oil, which hit 4 million barrels a day, is considered one of the highest rates in the world.
Aramco called for reducing production and consumption of power, and to find alternative power sources.
In the Saudi exhibition for electricity held in Riyadh, Ahmad Al-Khiwaitir, executive manager of power systems, said that it’s an inevitable need to lessen oil consumption.
The Kingdom consumes more than 4 million barrels of oil a day to meet the local demand for power, said Al-Khiwaitir. “According to international statistics, the average amount of individual consumption of oil in KSA is double the international consumption rate,” he added.
“Aramco has adopted the electricity efficiency program since 2000, which aims to annually reduce power consumption by 2 percent in the companies premises. To support this, 2GW plants, which raise power efficiency to 75 percent, were built to produce steam and electricity,” he clarified.


Saudi foreign minister meets with Indonesian counterpart

Updated 48 min 20 sec ago
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Saudi foreign minister meets with Indonesian counterpart

RIYADH: Saudi Arabia’s Minister of Foreign Affairs, Adel bin Ahmed Al-Jubeir, met on Tuesday with his Indonesian counterpart, Retno Marsudi, in the capital Jakarta.
During the meeting, the pair discussed bilateral relations between the two countries and means of enhancing them in various fields, in addition to matters of mutual interest and the top regional and international developments.
The meeting was attended by the director general of the foreign minister’s office, Ambassador Khalid bin Musaed Al-Anqari, and the Saudi ambassador to Indonesia, Osama bin Mohammed Al-Shuaibi.
Al-Jubeir also headed the Saudi delegation at the 10th ministerial meeting of the Saudi-Indonesian Joint Committee, which was also held in Jakarta, while Marsudi headed the Indonesian side.
The meeting discussed bilateral relations and means of enhancing cooperation between the two countries and witnessed the signing of several agreement during the committee’s 10th meeting.
After that, Al-Jubeir held a joint press conference with his Indonesian counterpart and highlighted the strong relations between Saudi Arabia and Indonesia.
The Saudi foreign minister emphasized that King Salman pays great attention to the tragic incident that claimed the life of citizen Jamal Khashoggi.
“When King Salman learned about the incident, he immediately communicated with the president of the Republic of Turkey, Recep Tayyip Erdogan, and gave his order to dispatch a Saudi team to Turkey to investigate the case and find the truth about what happened,” he said.
He added that King Salman directed the attorney-general ten days ago to investigate the case, reveal its circumstances, and discover what occured.
Al-Jubeir pointed out that King Salman and Crown Prince Mohammed bin Salman are closely following the developments of the Khashoggi case and are keen to reveal all the relevant facts in order to hold those involved accountable.