Saudi Aramco is outside the list of the largest gas-burning countries
Sunday – 2 Rabi ‘Al-Awal 1442 AH – October 18, 2020 AD Issue No. [
Aramco won the award for the best water management technology globally (Reuters)
Dhahran: «Middle East»
Saudi Aramco – the largest energy group in the world – has revealed the success of its continuous efforts to promote and support environmental sustainability, as it is out of the list of the most gas-burning countries, at a time when it announced that it received an international award for the best water management technology.
Aramco stated that Saudi Arabia is not included in the map of methane emissions of gas associated with oil, in an achievement which it described as new for the Saudi Aramco company to reduce gas burning operations, while it continues to train national human cadres specialized in the concept of work applications on the economy. Circular carbon ».
While gas emissions contribute to polluting the environment, Russia and Turkmenistan has emerged on the list of the largest gas-burning countries, and Algeria has also been included, amid Saudi-led assurances of the need for the world to ally amongst the producing countries to innovate and develop related technologies. The Kingdom also contributes to the world’s adoption of the concept of a circular carbon economy that has been accepted. Broad and accredited by the G20 countries that the Kingdom presides over its work in the current session.
Saudi Aramco said yesterday that it won the award for the best water management technology globally, to preserve water as a fundamental pillar of its long-term strategy, as it used new technologies, so the average water oil percentage is 0.4, which is much lower than the global average.
Aramco stresses its adoption of implementing environmental sustainability initiatives, and in practice it has adopted work on the circular economy. It has undertaken many initiatives in this context to apply the concept, scientifically and practically, to reach the levels of self-contained standardized systematic application to generate economic and environmental opportunities from it. Among the efforts to adopt was the launch of specialized programs to graduate work competencies in the concept of the circular economy It recently announced about 550 employees specializing in the concept.
Saudi Aramco, according to its CEO, Eng. Amin Al-Nasser, was optimistic over the past week about the future of the oil market, as Al-Nasser stated that the oil market has “passed the worst stage” in light of the recovery in global demand for crude, which amounts to 90 million barrels per day.
One of the most prominent points on which Al-Nasser relied to see the recovery of oil markets was the Chinese demand, as, according to Al-Nasser, it returned to pre-“Covid-19” levels, indicating in the Energy Information Forum that global demand has practically recovered and that the overall recovery will depend on whether there is Any problems that may befall the epidemic. He said, “China has almost returned to the level of its previous demand for pre-(Covid-19) petroleum products, excluding jet fuel.
The Saudi economy
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