Saudi Arabia’s economic diversification investments are accelerating under its radical Vision 2030 program, but this is all being financed by crude oil revenues. Meanwhile unconventional gas developments and renewable energy are gaining traction as Saudi Arabia aims to end domestic oil burn.
| Crude Output | 9 | mn b/d |
| Crude Exports | 5.923 | mn b/d |
| Sales Gas Output | 123.5* | bcm |
| Oil & Gas export revenue | 223 | $bn |
*2023
7 Aug, 2026
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‘Optionality’ has emerged as a priority for Aramco as the Middle East conflict has created unprecedented operational strains. The East-West pipeline proved its strategic value, and Aramco is examining new routes to strengthen resilience through greater optionality.
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