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Saudi Arabia Oil & Gas Q4 2018

Saudi Arabia Oil & Gas Q4 2018

Key View:

Saudi Aramco has begun increasing its production as the OPEC+ production cut deal begins to unwind. We areoptimistic about output for 2019, as the kingdom brings more of its substantial spare capacity into play. We are also very optimisticabout gas production, with the continued rise in capital committed to expand domestic capacity. The downstream sector is alsoperforming well and will benefit from added capacity at Jazan from 2019. The oil consumption outlook has somewhat weakened,dragged down by difficult economic conditions and the impact of subsidy reforms. Gas consumption looks relatively strong, butremains capped by limited availability of domestic supplies. Over the coming years, however, improving prospects for the start-upof LNG imports could see demand unlocked.


Key View
SWOT
Oil & Gas SWOT
Industry Forecast
Upstream Exploration
Upstream Projects
Upstream Oil Production
Upstream Gas Production
Refining
Refined Fuels Consumption
Gas Consumption
Oil Trade
Gas Trade
Industry Risk/Reward Index
Middle East And North Africa Upstream Oil & Gas Risk/Reward Index
Middle East And North Africa Downstream Oil & Gas Risk/Reward Index
Saudi Arabia Upstream Oil & Gas Risk/Reward Index
Saudi Arabia Downstream Oil & Gas Risk/Reward Index
Market Overview
Saudi Arabia Energy Market Overview
Oil & Gas Infrastructure
Company Profile
Saudi Aramco
Regional Overview
MENA Oil & Gas Overview
Oil & Gas Glossary
Oil & Gas Methodology

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