Saudi Arabia Country Analysis Brief

(Fri, 04 Oct 2024) Saudi Arabia is a top crude oil producer and exporter and a key member of the OPEC+ agreement. In addition, Saudi Arabia has numerous development projects to help meet domestic electricity demand that increase nonassociated natural gas production, natural gas-fired power generation, and renewable energy sources. These projects support Saudi Arabia's Vision 2030 and related initiatives to shift domestic generation capacity toward mainly natural gas and renewables.

Natural Gas Annual

(Mon, 30 Sep 2024) U.S. dry natural gas production increased year over year in 2023 for the third consecutive year, according to the 2023 <em>Natural Gas Annual</em>. Dry natural gas production was the highest for any year on record, dating back to 1930. Natural gas consumption also increased year over year in 2023.

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