Saudi Arabia

Country Information

Continent Middle East
GDP (2012 est.) $883.7 billion (2012 est.)
Currency & Exchange Rate Saudi riyals (SAR) per US dollar 3.75
Dialling Code
+966

Exploration & Production Companies

Saudi Aramco.

Oil fields greater than 1 billion barrels

Ghawar, Shaybah, Abqaiq, Berri, Manifa, Abu-Sa'fah, Faroozan-Marjan, Safaniya-Khafji.

International Tax Regime

Residential for Citizens, Territorial for Foreigners: foreigners & residents local income taxed; overseas income of resident citizens taxed, but not non-citizens or resident foreigners.

Witholding Tax

Crude oil - production(bbl/day) 11,730,000
Crude oil - exports(bbl/day) 6,880,000
Crude oil - imports(bbl/day) 0
Crude oil - proved reserves(bbl) 267,900,000,000
Refined petroleum products - production(bbl/day) 1,935,000
Refined petroleum products - consumption(bbl/day) 2,817,000
Natural gas - production(cu m) 103,200,000,000
Natural gas - proved reserves(cu m) 8,150,000,000,000

Climate

Harsh, dry desert with great temperature extremes.

Location

Middle East, bordering the Persian Gulf and the Red Sea, north of Yemen.

CCL Country Manager

Contact Details

Name:

Direct:

Email:

LinkedIn:

Richard Patterson

+353 (0)1 294 5519

richard.patterson@cclglobal.com

 

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