Future Fuel Demand From the Saudi Shipping Sector

The purpose of this commentary is to suggest a rough estimation of future exports and corresponding fuel consumption of the Saudi shipping sector up to 2040. For estimation purposes, we use two assumptions: (1) a global average energy intensity of 0.078 megajoules per tonne-kilometers (MJ/tonne-km). And (2) an average export distance of 5,441 nautical miles (nm) between Saudi Arabia and export trading partner countries.

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