The expanding industrialization of Saudi Arabia, and the increasing use of cleaner burning natural gas for power generation and seawater desalination, and as feedstock for the petrochemicals sector, provide opportunities for us to create significant additional value beyond crude oil.
In 2017, we processed an average of 12.4 billion standard cubic feet per day (scfd) of raw gas and supplied 8.7 billion scfd of natural gas with an energy content of 1,080 Btu per standard cubic feet (scf).
More than 40% of our nonassociated gas now comes from offshore fields such as Hasbah, which feeds our new Wasit Gas Plant. Designed to boost supplies of natural gas, our plants are expected to enable increased exports of higher value liquids, provide feedstock to the petrochemical industry, and reduce domestic reliance on liquid fuels for power generation. Additionally, the increased use of gas is expected to help lower greenhouse gas emissions and improve air quality.
Our significant investments in new gas processing capacity are targeted to help meet Saudi Arabia’s demand for energy, reduce the use of liquids for electricity generation, and enable opportunities in energy consuming industries such as steel, aluminum, and other downstream value-added sectors.