IMD-3-1794 © 2006
Boscheck, Ralf
A short introduction of the oil and gas market in Saudi Arabia from the 1990s to 2000. Accountable for 99 % of the Kingdom's tested petroleum reserves - approximately one-fifth of the world's overall - and for about 10% of international oil production; Saudi Aramco owns domestic refineries and distribution possessions; along with among the world's biggest and latest tanker fleets.
The business's global status - as the No. 1 oil manufacturer - is matched by its domestic significance. Hydrocarbons make up 88 % of Saudi Arabia's exports and contribute 79 % to its federal government profits.
Saudi Aramco A State Within A State case study solution
Subjects: Energy; Regulation; Economic Development; Government-Business Relations
Settings: Saudi Arabia; Oil and gas; 54;000 employees in 2006; Revenue of 150;000 million in 2005; 1990s