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In 1999, Saudi exports amounted to
SR190,084 million.
This figure constituted an increase
of 31 percent compared to the value of exports in 1998, according to
the Bulletin of Export Statistics, issued by the Department of
General Statistics at the Planning Ministry.
The Bulletin reported that, in
1999,
- the group of Asian countries,
which includes non-Arab and non-Muslim countries, received 43
percent of Saudi exports (worth SR81,118 million)
- the North American countries
received 20 percent Saudi exports (worth SR38,467 million);
- the West European countries
received 17 percent of the Saudi exports (worth SR31,789 million);
- the GCC member states received
seven percent of the Saudi exports (worthSR13,310 million);
- the Muslim non-Arab countries
five percent of the Saudi exports (worth SR9,696 million);
- the Arab countries received three
percent of the Saudi exports (worth SR5,425 million);
- the rest of the countries of the
world received five percent of the Saudi exports (worth
approximately SR9,500 million).
The USA was the top recipient of
Saudi exports, taking 20 percent of total Saudi exports ( SR37,185
million), of which crude oil exports constituted 92 percent
(SR34,338 million). Japan was second, taking 15 percent (SR28,496
million) of total Saudi exports, of which crude oil constituted 70
percent (SR20,070 million). South Korea was third, taking 11 percent
(SR20,429 million) of total Saudi exports, of which crude oil
exports constituted 79 percent (SR16,046 million). Fourth was
Singapore, which received six percent (SR11,107 million) of total
Saudi exports, of which crude oil constituted 83 percent (SR7,038
million). The bulletin noted that the biggest exporting countries to
the Kingdom of Saudi Arabia received 71 percent of the total Saudi
exports.
In 1999 export of the petroleum
mineral products, worth SR168,298 million, amounted to 89 percent of
the total Saudi exports. In 1998 they amounted to SR121,972 million.
The Saudi crude oil exports in 1999 amounted to SR138,342 million,
compared with SR 98,840 million in 1998. In 1999 the Kingdom
exported SR 9,189 million worth petrochemicals, which is equivalent
to five percent of total exports.
In 1998 the Kingdom exported SR
9,961 million worth of petrochemicals. In the same year the Kingdom
exported SR3,529 million worth of plastic, equivalent to two percent
of the total exports. In 1998 the Kingdom exported SR 4,152 million
worth plastic. In 1999 the Kingdom exported SR2,175 million worth
metals and their products. That was equivalent to one percent of the
total exports. In 1998 it exported SR2,200 million worth metal and
their products
In the same year the Kingdom
exported SR873 million worth of machineries, devices and electric
equipment. That was equivalent to 0.5 percent of its total exports,
while in 1998 it exported SR1,022 million worth of machineries,
devices and electric equipment The value of the Kingdom's other
exports in 1999 amounted to SR6,020 million, while in 1998 the value
of its other exports amounted to SR6,081 million.
SDI exports to the GCC member
states in 1999, from the national and non-national commodities,
amounted to SR 13,310 million, while in 1998 the Saudi exports to
the GCC member states amounted to SR12,443. Bahrain was the top GCC
importer of Saudi goods, receiving SR5,560 million worth; second was
the United Arab Emirates (SR 4,710 million). The other GCC member
states, Oman, Qatar and Kuwait, accounted for SR3,040 million worth
of Saudi exports.
Source: SPA |
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Minister of Petroleum and Mineral
Resources Ali bin Ibrahim Al-Naimi today inspected the gas plant
project in al-Hawayah to acquaint himself with the latest
developments in the work on this giant project, scheduled to be
operational late next year.
Following the tour, the Minister
said this project was part of the effort of the Government of the
Custodian of the Two Holy Mosques and the Crown Prince to utilize
the natural gas in the Kingdom in generating electricity and for
industry, water desalination and the petrochemical industries,
leading to improvement of economic growth and industrial development
in the Kingdom.
The Minister stated that the gas
plant in al-Hawayah was one of Saudi Aramco projects to increase the
company's capacity to process gas to meet local demand.
Al-Hawayah would be Saudi Aramco's
fourth gas processing plant after the gas plants in Albari, Shodqum
and Othmaniah, which currently produce up to a total of four billion
standard cubic feet of dry gas daily, Al-Noaimi said.
The gas plant in al-Hawayah would
also be the company's first gas plant designed to process only
unaccompanied gas, he said, adding that the plant would receive
crude gas from gas deposits from al-Hawayah and Hars in Alghwar
field. The new plant will produce about 1.4 billion standard cubic
feet of sweet dry gas in addition to 170,000 barrels of hydro
carbonic condensates and one thousand metric tons of liquid sulphur
per day.
He concluded that the success
achieved by contractors, working side by side with work teams of
Saudi Aramco, had helped to bring forward the scheduled date of
operation from April 2002 to December 2001.
Source: SPA |