The Kingdom spends SR220 billion a year to subsidize gasoline and diesel, a Shoura Council member said here recently. Fahad bin Juma’, deputy chairman of the committee for energy and economic affairs, said the country uses an estimated 2.8 million barrels of petrol and gas a day during the summer season to desalinate water and […]
Despite concerns about long lead-times for many of the planned projects across the country and the potential for rising construction costs, Business Monitor International (BMI) has maintained an “overall bullish” outlook for Qatar’s construction sector. “A strong commitment to public spending coupled with the most attractive and stable business environment in the region will help […]
MUSCAT — To enhance the flow of electricity supply in all governorates of the Sultanate, Oman Electricity Transmission Company is currently carrying out projects worth RO 275 million, including new power stations and expansions of existing stations. Ali Al Haddabi, CEO of Oman Electricity Transmission Company , said that work will begin shortly on the setting up of Al […]
JEDDAH – Strong economic and demographic growth associated with rapid urbanization has led to an increase in energy demand to meet rising electricity and desalinated water needs in the Middle East and North Africa (MENA) region, the International Renewable Energy Agency (IRENA) and Renewable Energy Policy Network for the 21st Century (REN21) said in their […]
Saudi Electricity Company ( SEC ) is currently implementing huge electric projects at a total cost of more than SR100 billion, said its CEO Ali Al-Barrak. “They will be implemented in many phases, and they will be completed within 3 years,” he said. “We want to address and meet the increasing demand on power, in view of the […]
Per capita consumption of drinking water in Saudi Arabia has now reached 265 liters, which is double the amount of water used by an individual in a European country, said Water and Electricity Minister Abdullah Al-Hussayen. He said total water consumption in the Kingdom crossed eight million cubic meters for the first time. “This is […]
JEDDAH – Saudi Arabia and the United Arab Emirates are seeking to add 1,000 megawatts of solar capacity enough to electrify 200,000 homes. However, the renewable energy drive of setting up solar-power plants will need more than $1.5 billion in financing by the end of 2014. The forecast expansion, which includes Jordan, will require loans […]
KHOBAR, Saudi Arabia, July 18 (Reuters) – Gulf Cooperation Council countries (GCC) are planning a joint water supply system that takes seawater from outside the Gulf and distributes drinkable water across member states, an official at the GCC Secretariat General said. Scarce fresh water supply is the biggest challenge for Gulf Arab desert countries, forcing […]
Riyadh: Minister of Water and Electricity, Eng. Abdullah bin Abdulrahman Al-Hossein, has signed 18 contracts worth SR 253 million to implement several water and sanitation projects in various parts of the Kingdom of Saudi Arabia. The implementation of these projects by the Ministry of Water and Electricity comes within the framework of royal directives of […]
The power and water sectors are experiencing a massive boom in Saudi Arabia, according to Abdulrahman Almutari, head of privatization at the National Water Company . He stated that over SR 50 billion will be invested in water and wastewater projects from 2013-2017. Speaking at the 1stday of the 9th Water, Electricity and Power Generation Conference […]