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FINANCIAL NEWS
Saudi Arabia aims to reduce energy consumption
11 Sep 2013
(MENAFN) Saudi Arabia’s electricity use jumped 30 percent in the past two decades which may lead the country to reduce oil and gas exports, Saudi Gazette reported.
The Saudi Energy Efficiency Program (SEEP) will work on reducing energy consumption of several sectors in the Kingdom including the industry and the transportation sectors.
The head of the awareness campaign of SEEP, Abulaziz Al-Mulhim, said that some countries reduced their energy consumption by 51 percent in the last three decades.
Aramco figures show that, of total energy used in the Kingdom, the service sector accounts for 51 percent. The transportation and the industry sectors account for 21 percent and 15 percent respectively.
More News
13 Apr 2026
BBK launches the Youth Advisory Council (YAC) to empower youth and advance innovation
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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