Despite being the world’s top crude producer, Saudi Arabia has consistently been a net importer of gasoline and gasoil.
Gasoline and gasoil imports into Saudi Arabia’s key Gulf port of Ras Tanura dried up this year as the nearby 400,000 b/d Saudi Aramco-Total joint venture Satorp refinery ramped up towards full capacity – which it is expected to reach by year end. Gasoline imports fell from 23,000 b/d in January-August 2013 to zero for the first eight months of 2014; gasoil volumes fell to a mere 4,000 b/d. (CONTINUED - 239 WORDS)
