Open AccessSaudi Arabia Energy Report
Author(s) -
Abeer AlGhamdi
Publication year - 2020
Language(s) - English
Resource type - Reports
DOI - 10.30573/ks--2020-dp25
Subject(s) - natural gas , oil reserves , crude oil , oil and natural gas , geography , fossil fuel , business , agricultural economics , environmental protection , petroleum , economics , petroleum engineering , geology , engineering , waste management , paleontology
Saudi Arabia is one of the world’s leading oil producers and exporters. It has the second-largest proven crude oil reserves after Venezuela. Saudi Arabia’s oil reserves have made it one of the most significant players in the global oil market. The country also possesses vast reserves of natural gas and, in 2018, had the sixth-largest reserves of natural gas, just below the United States.