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Archive for the category “Saudi-Arabia”

New Utility Solar Price Record

[source]

A developer of a 300 MW solar park in Saudi-Arabia, Masdar/Abu Dhabi, is willing to accept the world record low price of 1.79 dollar cent/kWh. There were initially 27 applicants for this tender.

[wattisduurzaam.nl] – Nieuw record: Zonnestroom tegen 1,5 eurocent/kWh voor Saudi’s

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Saudi-Arabia 10% Renewable in 2023

Ask people which country they identify most with oil, chances are they will answer “Saudi-Arabia”. Yet this country of 33 million inhabitants has announced that it wants to invest a majestic sum of $30-50 billion until 2023 and realize 10 GW in renewable energy capacity, or 10% share of the overall electricity budget, up from less than 1% now. Even oil champ Saudi-Arabia is investing huge sums of money in oil’s successor. It is difficult to find a better indicator that the end of oil age is in sight.

[arabnews.com] – Saudi Arabia to invest $30-50bn in renewable energy by 2023
[wikipedia.org.] – Energy in Saudi Arabia

Saudi Oil Minister Announces Russian-Saudi Petroleum Alliance

petroleum-alliance[source] Putin and Deputy Crown Prince Muhammad bin Salman

Russian-Saudi thaw. Last year September there were rumors/conspiracy theories that the oil price crash was the work of Saudi-Arabia, that had turned the tap open full blast after instructions consultations with US foreign minister John – where’s my bike? – Kerry. Purpose: hurt Russia with low oil prices.

Whatever the truth of that, those were the days that are no more [Alfred, Lord Tennyson]. This is 2015 and Saudi Arabia is a little bit angry with the US, that all of a sudden plays nice with Iran. And what do jealous lovers do? Right, they pick up the phone and call an old lover, the one lover Saudi-Arabia knows the US hates most: Ivan, just to rub it in.

The two new found partners inked six deals concerning oil cooperation, space cooperation, peaceful nuclear energy cooperation, and nuclear technology sharing.

Oil Minister Ali al-Naimi made an interesting remark:

“I am optimistic about the future of the market in the coming months in terms of the continuing improvement and increasing global demand for oil as well as the low level of commercial inventories.” This, the minister said, “is expected to improve the level of prices.”

“Improving oil prices” from the point of view of oil producers probably means “increasing oil prices”.

Editor: we hope and also expect that oil prices will increase soon, because peak oil is finally upon us. We need higher oil prices to ensure that sun and wind remain competitive and that the transition momentum doesn’t stall. And furthermore we want to see a Russia with a full purse, if necessary at the cost of Europe. Not because we are traitors to the European cause, we are merely traitors to the West, which we want to see blown up, to pave the way for Paris-Berlin-Moscow and the resurrection of European civilization at the end of the age of globalism and Anglo-Soviet 20th century. And old, ‘backward Russia’ all of a sudden has found new strength and has become European avant-garde.

[rt.com] – Russia and Saudi Arabia ink nuclear energy deal
[brookings.edu] – Saudi’s star prince keeps rising, visits Putin in Petersburg
[russia-insider.com] – Saudi Arabia and Russia Ink Six New Deals, Embark on New ‘Petroleum Alliance’

Saudi Arabia Won’t Rule Out Building Nuclear Weapons

[independent.co.uk] – Saudi Arabia says it won’t rule out building nuclear weapons

Editor: Saudi-Arabia clearly feels cornered. It is unlikely that Saudi-Arabia is able to build a bomb without outside help. The US won’t be that stupid, now will they?

US #1 Gas Jockey Dies

abdullah-charlie[source]
Can’t make this stuff up: in king Abdullah’s Saudi-Arabia, the punishment for adultery is stoning to death. That’s a narrow escape then for Charlie and Camilla. It also illustrates that political opportunism (read: fossil fuel) always trumps moral principles.

King Abdullah is dead. Long live the king (Salman).

ISIS-SA[source]
What’s the difference again between ISIS and Saudi-Arabia? Spoiler: none. Not that we care. We see fundamentalist Islam as a perfect container to keep the Arab IQ85 crowd locked up safely into their own territories, after making themselves impossible in Europe with their archaic mindset, so our resident nihilistic 1968 lefties have insurmountable trouble ‘integrating‘ these chaps into Europe and ruin that once magnificent civilization in the process. Way to go ISIS/Saudi-Arabia! Chop-chop! And give the American neo-bolsheviks and their wannabee world empire the finger.

hagel-sa[source]
US Defense Secretary Hagel: “King Abdullah was a powerful voice for tolerance, moderation and peace”. In the light of what happened in Syria, with strong Saudi involvment, this is quite a statement. Anglo politicians can be a little hypocritical at times.

King-Abdullah-death-flag--012[source]
Buckingham Palace is mourning. British are traditionally fond of humor.

Short history of Saudi-Arabia.

The most important thing in the life of a Brit is that the German doesn’t win. If that comes with the ruination of the British empire, so be it. That explains to a large extent WW1, WW2, the Soviet occupation of eastern Europe, oh and the existence of Saudi-Arabia.

The territory of what is now known as Saudi-Arabia, was part of the Ottoman-empire, before British and French imperialists showed up in the Middle-East. The Germans tried to circumvent the Suez-canal by building a railway between Berlin and the Middle-East, but the British did not like that and tried to sabotage the project. Key element of the British grand strategy was to destroy the German WW1 Ottoman ally by promoting independence of Arabia from the Turks. That’s where ‘Lawrence of Arabia‘ came in. This fine British homosexual managed to promote himself as the leader of the Arab tribes and set them up against the Turks, and yet avoided getting himself stoned because of his sexual preferences.

In order to achieve his aim, Lawrence used the most archaic and martial tribe he could find, the Wahabist Sauds. In 1918 WW1 came to and end and the Turks lost control over Arabia. Finally in 1932 Saudi Arabia came into being. And then the British made a catastrophic mistake by failing to realize that Saudi-Arabia had the world’s largest oil reserves and snubbed the Saudi request to support oil exploiration in their new country. The Americans however did. And the rest is history.

[globalresearch.ca] – Pepe Escobar – What Game is the House of Saud Playing?
[infowars.com] – Huge backlash after British monarchy homors Saudi Dictator King
[economist.com] – The king is dead

Read more…

Her Majesty’s Fool, Sir Lancelot Oliphant

oliphant

In 1932 a shabby group of Arabian camel-driver-look-alikes paid a visit to the British Foreign Office with the request to invest in drilling for oil in Arabia. The Arabs had strong preference for the British, the super power at the time (until they committed suicide when they obeyed the Americans to declare war on Germany, that was in dispute with Poland over the German town of Danzig, so the Americans and Soviets could take over Europe, but we digress). The British however concentrated on recent oil finds in Persia and Mesopotamia and the serving mandarin sir Lancelot Oliphant said ‘no’.

Oliphant chose to slam an open door. He replied that “British firms might hesitate to accept a report not drawn up by a British expert”, and expressed doubt “as to the readiness of British firms to sink capital in a little-known country at the present time”.

Two weeks after the British rejection, the Americans discovered oil in Bahrain, off the Saudi coast. Saudi-Arabia, the future largest oil producer of the planet, would be firm in the American pocket, until today.

[bbc.com] – The diplomat who said ‘No’ to Saudi oil

Editor: without this fatal decision it is unlikely that the Americans could have pumped as many (petro) dollars into the world’s financial system as they managed to do, until the inevitable moment will arrive when the world’s factory China will decide that they have enough dollars and decide to dump the dollar by sending them back to sender and the dollars will rain over America like in a giant ticker tape parade.

apollo_11_tickertape[source]

BBC – Inside the Saudi Kingdom

Saudi-Arabia is competing with Russia for the title of the world’s largest oil exporter. The BBC gives us an intimate insight into this Kingdom. Youtube text: Lionel Mill’s film has unique access to Prince Saud bin Abdul Mohsen, one of the rulers of the rich, powerful and secretive Saudi royal family. This is a fascinating insight into the conflicts between tradition and modernity in one of the world’s most conservative and autocratic countries.

The Future Of Saudi-Arabia


Saudi-Arabia announced it wants to invest massively in solar energy. Saudi-Arabia knows best how much oil it has (or rather does not have)… and is voting with it’s feet, away from oil towards solar energy. Lawrence of Arabia probably never realized how much potential solar energy gold is stored in deserts when he was underway securing oil for his masters in London, knowing that the days of the Ottoman empire were almost over.

We calculated earlier that it is enough to cover an area like Spain (500,000 km2) with solar panels in order to completely replace the planet’s energy needs. Everything: electricity, gas, oil, coal, uranium, cars, industry, everything. How big is Saudi-Arabia? More than four times Spain (2,250,000 km2), largely ‘useless’ desert. Saudi-Arabia now has two choices: sell their oil to the last drop or invest their remaining oil capital into a desert filled with solar panels… and export electricity to the West, China, India, etc. Or convert electricity into liquid fuel or gas. CH4/NG could be produced from CO2 and H2O from the atmosphere, reducing global warming. The Saudi’s could even demand a subsidy from the industrialized nations for this effort. It is the only use a desert could possibly have. And in contrast to Egypt or Algeria, Saudi-Arabia has the capital to convert this potential into (partial) reality. Maybe some Saudi smarties thought of that also and decided to make a start. There is a large uncertainty about how much oil Saudi-Arabia in reality has left. Maybe 270 billion barrel. It would take 120 billion barrel to setup a complete replacement of the world’s energy needs and Saudi-Arabia could continue to play a crucial role as the world’s energy hub. Cutting down on oil deliveries would have the additional advantage that oil prices would skyrocket. That would be bad news for western consumers, but good news for the future of the planet if these additional resources would indeed be used to set up a new solar energy based world economy. Obviously it is not to be recommended that all global solar energy production would be concentrated in the Saudi desert, but Saudi-Arabia at least has the (oil) capital to make a significant start, securing a prominent place for itself after the end of the oil age. The popular Arab saying: “My father rode a camel. I drive a car. My son flies a jet-plane. His son will ride a camel“, could be replaced with: “My father rode a camel. I drive a car. My son flies a jet-plane. His son will be a solar energy entrepreneur“. Other suitable places would be Australia, the Gobi desert in China, Arizona and New Mexico, the Kalahari in South-West Africa, large parts of Spain as well as the Sahara.

Why not use google maps (satellite mode) to explore the SA desert to verify it is empty.

Mecca To Become First Solar City In Saudi Arabia

[source]
Mecca, the birthplace of Muhammad, and Islam’s holiest city, has plans to become the first city in Saudi Arabia to run completely on solar power. The Saudi Arabian government has said that it will invest $109 billion to establish a strong solar industry across the nation. The King Abdullah City for Atomic and Renewable Energy program is the jewel in this crown, and aims to develop 41 gigawatts of solar capacity over the next 20 years. 25 gigawatts will be installed in the form of solar thermal plants, and the remaining 16 gigawatts will be supplied by photovoltaic panels.

[eurasiareview.com]

Saudi-Arabian Oilfields


The article discusses the the world’s largest offshore field Safaniya.
Map “Saudi oil production, by field, in 1994” from Matt Simmons, “Twilight in the Desert”.

[theoildrum.com]

Saudi Arabia eyes $109bn plan for solar industry


Saudi Arabia is seeking investors in a $109bn plan to create a solar industry that generates a third of the nation’s electricity within two decades, according to officials at the government agency developing the plan.The world’s largest crude oil exporter aims to have 41,000 megawatts of solar capacity by 2032. This would be equivalent with 523,000 barrels of oil a day. Plan: 25,000 megawatts from solar thermal plants, which use mirrors (CSP) and 16,000 megawatts from photovoltaic panels.

It is difficult to imagine a clearer indication that oil is running out than this investment plan by what was for a long time the largest oil province of the planet.

[arabianbusiness.com]

KSA unrest set to trigger oil price hike

Western sources have dismissed reports from Iran as unreliable, namely that attacks have been carried out on major pipelines in Saudi-Arabia. However…

Read more…

Saudi oil reserves possibly 40% overstated

Leaked diplomatic cables from US ambassy in Riyadh. Official reserves: 716 billion barrels. In reality reserves are 40% overestimated according to senior expert.
P.S. video is one year old.

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