Natural Gas
Saudi Arabia has the world's fourth largest reserves of natural gas, of 240 trillion cubic feet (6.8 trillion cubic metres). One-third of this reserve is found in the Ghawar. Before the master gas system, the oil company flared (burn) the gas as it came from the oil well. Until recently production of natural gas was tightly controlled as it is so closely linked to oil production. The World Trade Organization criticized the government and Aramco for heavily subsidizing natural gas. According to the Energy Information Administration the price was $0.75 MMBtu American dollars.
Read more about this topic: Energy In Saudi Arabia
Famous quotes containing the words natural and/or gas:
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