Saudi Arabia's gas sector: its role and growth opportunities

06/21/2004
Energy is a key driver of the economic growth of any nation, and the role of natural gas in the world's energy mix is growing.The kingdom of Saudi Arabia has long recognized the significance and contribution of the domestic gas industry to the national economy. For this reason, the Saudi government is promoting aggressive growth of the gas sector and has formulated a progressive vision to maximize the economic and social benefits of the gas industry to the nation.This article highlights the expanding role of the gas sector in the growth of the country's economy.Historical perspectiveIn the early years of the kingdom's oil industry, all associated gas was flared. There was no d...
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