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US / Saudi Business Opportunities Forum Opportunities in Oil & Gas. Munir M. Rafie. Objective. $100 Billion expenditure program Share business opportunities information. Saudi Arabia. Energy to the World. 260 Billion barrels of oil reserves (25% of global total)
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US / Saudi Business Opportunities ForumOpportunities in Oil & Gas Munir M. Rafie
Objective • $100 Billion expenditure program • Share business opportunities information
Saudi Arabia Energy to the World • 260 Billion barrels of oil reserves (25% of global total) • 263 trillion cubic feet of gas reserves • Best country for doing business: 13th of 181
Technologies & Communications Transportation & Logistics Education & Health Utilities Airports Electricity New Technologies Roads Business Environment: Infrastructure
Business Environment: Demographics • Young, educated current & future workforce
Saudi Aramco • Daily Capacity: • Oil: 12 million barrels • Gas: 11 billion cubic feet • Domestic Refining Capacity: • 1.9 million bbd refined product World’s Largest Integrated Oil & Gas Company
Upstream Maintain Potential • Downstream Refining & Petrochemicals • Materials: $50 Billion+ • Services: $50 Billion+ Planned Expenditures
Business Opportunities: Materials • Manufacturing • Local manpower • Short supply chain • Local support • Stocker Distributor Programs (commonly used Items) • Supplier Managed Inventory (unique Items) • Services to Saudi Aramco, the Kingdom, and beyond
Business Opportunities: Services • Pre-sales, installation, commissioning, servicing • Life Cycle Management • Assembly, finishing & testing • Equipment repair & overhaul • Logistics & warehousing
Closing Remarks • What • Invest in Saudi Arabia • When • Now • Why • $100 Billion opportunity • Strong GDP growth • Young educated population • Modern infrastructure • How
Investment Support • Saudi Arabian Government Investment Authority • (SAGIA)www.sagia.gov.sa • Saudi Aramco New Business Development • (NBD)http://www.saudiaramco.com • Doing Business With Saudi Aramco
Thank you • SAGIA www.sagia.gov.sa • NBD www.saudiaramco.com