Prince Abdulaziz bin Salman: Energy domestic consumption constitutes 38% of Kingdom s total production of petroleum and gas

Monday 1437/4/29 - 2016/02/08
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Riyadh,29 Rabi II,1437 AH, 08 February,2016 , SPA -- Prince Abdulaziz bin Salman bin Abdulaziz, Deputy Minister of Petroleum and Mineral Resources and Chairman of Executive Committee of Saudi Center for Energy Efficiency confirmed that building sectors, ground transportation and industry consume 90% of total energy consumption in the Kingdom, so the Saudi Program for energy efficiency has worked on preparation and designing a range of activities consistent with the terms of reference of the Center, aimed at rationalizing and raising the efficiency of consumption in these sectors.
The Prince said in a speech before the 11th Saudi Forum for Water and Electricity inaugurated by the Governor of Riyadh region here yesterday evening, You are well aware that what witnessed by the Kingdom of rapid economic and population growth during the past twenty years has led to a rise in domestic energy consumption at very high rates as a result of inefficient energy production and consumption which caused an increase in energy waste constituting domestic energy consumption about 38% of the Kingdom s total production of oil and gas materials. It is expected that the continued growth of this consumption at a rate ranging between 4-5% annually in the coming years to reach the level of consumption doubling the current level by the year 2030, unless measures to rationalize and raise the efficiency of consumption, and improve production efficiency are taken .
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14:02 LOCAL TIME 11:02 GMT