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Saudi industrial entities’ electricity bill hits SAR 8.5bn in 2017

Saudi industrial entities’ electricity bill hits SAR 8.5bn in 2017

By: Elsayed Gamal

Riyadh – Mubasher: The consumption of Saudi Industrial facilities from water, electricity, and fuel reached SAR 50.8 billion during 2017, according to a recent survey by the General Authority for Statistics (GASTAT).

The entities consumed electricity and water at a value of SAR 8.57 billion, and SAR 1.7 billion, respectively, the industrial survey report added.

The report further noted that entities bought kerosene at SAR 16.84 billion, while natural gas purchases amounted to SAR 12.1 billion, followed by diesel consumption with SAR 10.97 billion, and gasoline at SAR 568.76 million.

Saudi industrial facilities generated operating revenues at a value of SAR 1.52 billion in 2017, most of them were distributed over local sales at SAR 774.07 billion, and exported commodities at SAR 667.21 billion.