The Kingdom of Saudi Arabia (KSA) is a global centre for energy and energy-intensive industries. This position, strength, focus and role contributes significantly to its annual industrial output of $329 billion, the largest in Middle East-North Africa (MENA) and the 14th largest in the world; it also helps to make KSA the largest exporter in MENA and the 16th largest globally.
Energy-rich Saudi Arabia has the world's largest reserves of oil (a fifth to a quarter of the 1.4-trillion barrel total) and the fourth-largest reserves of natural gas (up to 258 trillion cubic feet).
Saudi Arabia is also the world's:
- Second-largest producer of oil (13% of global oil production)
- Largest refiner of oil
- Largest exporter of oil (worth $281 billion a year and 90% of KSA's exports)
- Fourth-largest producer of energy (even before KSA's solar energy production begins)
- 11th largest producer of petrochemicals
Just over half of Saudi electricity is generated from oil and the rest from natural gas. The Saudi Electricity Company has a capacity of around 40,000 MW and is adding over 2,000 MW of capacity a year. Its transmission network totals 40,600 circuit kilometres.
Saudi Arabia's Industrial Clusters program is developing five sectors that use - and will make the most of - the kingdom's plentiful oil, natural gas, solar irradiation, natural resources and raw materials. These carefully selected sectors are:
- Minerals and Metal Processing
- Solar Energy
- Plastics and Packaging
- Home Appliances
See chapters 8
(energy and water), 12 (industry) and 14 (trade) of the Statistical Yearbook
2009, produced by KSA's Central Department of Statistics & Information and
Ministry of Economy and Planning: