Saudi Arabia may become net oil importer in next 20 years.

摘要

According to Citigroup, Saudi Arabia risks becoming a net importer of oil by 2030, although it is currently the world's largest crude exporter. About 25% of the country's production of fuel is used domestically. "If Saudi Arabian oil consumption grows in line with peak power demand, the country could be a net oil importer by 2030," said a Citigroup analyst. Oil accounts for 86% of Saudi Arabia's annual revenue. Saudi Arabia produced 13% of the world's supply of oil and natural gas liquids in 2011.