Oil-Rich Saudi Arabia Barrels Into the Gas Business

  • 📰 WSJ
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 63%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Saudi Arabia wants to build a natural-gas empire to power its industrialization drive and to trade the commodity

Saudi Arabia foresees a natural-gas empire that fuels futuristic new cities and helps develop local industries in manufacturing, mining and technology.

The kingdom produces enough crude oil now to meet electricity demands, but Saudi leaders are trying to stop burning petroleum to create power because it lowers its biggest...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

This is a good move towards lifting up the economy!

This has been given the 1st priority in other words diversifying the income through several initiatives that will help our economy and to live in prosperous life.

Diversification of income sources is a noble goal for Saudi Arabia and will be realized soon. We in Saudi Arabia have left enemies and mercenaries, who spread rumors behind us and will not be affected by them.

Why would I retweet, if I cannot read the article. smh

Surprised Saudi Arabia cannot make its own natural gas... presumably they burn a lot.

Saudis just want to sabotage production of natural gas since the move globally is in this direction. Don't want competition with its oil. To industrialize Arabia means to educate its people and that won't happen. Won't risk revolution. So-sabotage.

Inshallah

i believe they can do it

I think they built some thing to try to change the element of gases like they change the elements of metals

It probably want to also push it gas competitors into the sand......

🇸🇦🇸🇦provides energy to the world🌹🌹👍👍

Check for insider trading on US owned shale gas companies. Clue: Kushner and the prince. Could the Corrupt Trump Organizations be involved in another RICO related charge? FOLLOW THE MONEY!

Bring regime change to Saudi Arabia, not Iran.

maar wij gaan van het gas af

When will this desert scumbag get chopped up and sent to a dog food company. Piece of pigshit

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Oil falls after Saudi assurances on market balance, Mideast tensionsOil prices fell on Tuesday after Saudi Arabia reiterated it would aim to keep th... Such bullshit. In case of war between Iran & gulf states, both will be destroyed, oil prices will jump,all prices will rise in the west &everybody will loose! No winner from this war except for israel who will just ask & get more money from the zionist trump to make up for extra fuel prices! It’s amazing that this one country can spike the gas markets anytime they want.
Source: Reuters - 🏆 2. / 97 Read more »