Word of the Day
The global demand for oil is growing by about a million barrels annually per day , most of this growth comes from China, the UK and Brazil . Successive rises in the growth of demand would eliminate the impact of lower demand in some industrialized countries. The industrialized countries consumption fell (OCED) between 2013 and 2014 by about 300,000 barrels, while other countries, consumption has risen by about 1.2 million barrels per day for the same period. China's consumption has increased by about 350,000 barrels, the UK by about 200,000 barrels and India by about 90,000 barrels between 2013 and 2014. Even the United States, the biggest oil consumer in the world , experiences spikes in oil shale production, we find that consumption increased during the past year by about 80,000 barrels, according the report of OPEC for the month of December.
There is no doubt that the growth of consumption of Saudi oil, which reached to around 3 million barrels per day in 2014 is not commensurate with the number of the Kingdom's population of 30 million people, it does not make sense that the share of oil demand growth in the UK to around 20% of total global growth in 2014, amounting to about one million barrels per day. Therefore, the adoption of policies and laws, which begins to reduce wastage, has become the responsibility of every citizen and every resident; because the way of our consumption of this non-renewable oil will reduce the Kingdom's ability to export in the future.
The kingdom has enjoyed over the past years a great economic growth, and the development of industry led to high demand for oil and its derivatives, gas, gas liquids, which are the main source of income in the UK and the backbone of the state's economy. Even the UK can maintain a national non-renewable natural resources and benefit from them as much as possible, the Kingdom should activate energy efficiency programs. It is worth mentioning that 30% of UK consumption of crude oil consumed in electricity generation plants that are sold at ridiculous prices, this price cheapness of energy does not encourage the legalization of consumption.
In this context, His Royal Highness Prince Abdul-Aziz bin Salman bin Abdul-Aziz, Chairman of the Subcommittee of the National program for The Energy Efficiency recently stressed the importance of commitment to work in the field of iron, cement and petrochemical standards and requirements of the energy efficiency industry. He pointed out that it was agreed on the mechanism of action of eleven government entity, including energy efficiency center to ensure the application and activation of these standards and requirements. Prince explained that the functions and mechanism of action agreed upon between the government agencies, as well as firmness in the implementation of sanctions and sanctions by these authorities, each according to its competence, will ensure that - God willing - the commitment of all existing plants energy efficiency requirements, which aim to reach the levels of global indicators for efficiency Energy consumption. It is worth mentioning that each plant from existing plants to provide an action plan for the Saudi Center for Energy Efficiency, which shows you how to raise the efficiency of energy consumption in the history by the end of the first quarter of 2015, as well as providing the center were made energy efficiency on an annual basis, not exceeding the end of the month of April of each calendar year.
In conclusion, we have informed all the companies a formal address by the center includes standards and procedures to be followed and adhered to, and was preceded by efforts and consultations which began over two years ago between the national program for energy efficiency and industrial companies concerned, which agree on the scope and methodology of work . There is no doubt that the commitment to these plants energy efficiency standards is a religious duty called us to do it . when our religion forbade us to extravagant, which is also a national duty to maintain the energy future of our future generations. It is enough to know that the annual electricity consumption of fuel has risen in eight years of 300 million barrels of oil equivalent to 435 million barrels of oil equivalent. And if we limit of this hunger, the consequences will be dire.