Saudi Authorities Discuss Plans to Implement Liquid Displacement Program

Saudi authorities are discussing plans and efforts to displace liquid fuels and replace them with the electric grid.
Saudi authorities are discussing plans and efforts to displace liquid fuels and replace them with the electric grid.
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Saudi Authorities Discuss Plans to Implement Liquid Displacement Program

Saudi authorities are discussing plans and efforts to displace liquid fuels and replace them with the electric grid.
Saudi authorities are discussing plans and efforts to displace liquid fuels and replace them with the electric grid.

Saudi authorities are discussing plans and endeavors to displace liquid fuels and replace them with the electric grid, in a step that aims to achieve sustainable development according to Vision 2030.

These plans were put forward during a workshop organized by the Ministry of Agriculture.

Mohammad Abdel-Latif, head of the program’s agricultural team, explained that several tracks were set for different sectors, with the aim to reduce liquid fuel consumption by 95 percent by 2030.

He noted that the program sought to replace alternative energy sources through the connection with the electricity grid, in addition to enhancing operational capacity and reducing external factors affecting the sustainability of the environmental sectors.

Abdel-Latif also stated that the Ministry of Environment, Water and Agriculture was working to achieve integration by connecting farms to the electrical network, and reduce the use of liquid fuels, within its endeavor to achieve the sustainability of the sector and enhance local production.

He explained that the program provides soft loans that allow farmers to implement the necessary internal adjustments.

According to the ministry, the program will be implemented in three phases. The first consists of obtaining data from farms on fuel consumption in order to estimate the electrical load. The second phase includes planning the delivery of the service and determining the timeframe for the implementation of the changes required by the displacement program, while the third involves the connection to the electrical grid.



Three Saudi-Yemeni Companies Established in Energy, Telecom to Support Yemen's Reconstruction

The Saudi-Yemeni Business Council holds meeting in Makkah, announces strategic initiatives (Asharq Al-Awsat)
The Saudi-Yemeni Business Council holds meeting in Makkah, announces strategic initiatives (Asharq Al-Awsat)
TT

Three Saudi-Yemeni Companies Established in Energy, Telecom to Support Yemen's Reconstruction

The Saudi-Yemeni Business Council holds meeting in Makkah, announces strategic initiatives (Asharq Al-Awsat)
The Saudi-Yemeni Business Council holds meeting in Makkah, announces strategic initiatives (Asharq Al-Awsat)

The Saudi-Yemeni Business Council, part of the Federation of Saudi Chambers, announced six initiatives to boost trade and support Yemen’s economic development at a meeting in Makkah, Saudi Arabia.
Over 300 Saudi and Yemeni investors attended, agreeing to establish three companies to help rebuild Yemen and improve its infrastructure.
The initiatives include upgrading border crossings to improve logistics and increase trade, currently valued at 6.3 billion riyals ($1.6 billion). Yemen’s exports to Saudi Arabia, worth only 655 million riyals ($174.6 million), highlight untapped potential in mining, agriculture, livestock, and fisheries.
Key recommendations to enhance trade and support Yemen’s economic recovery include setting up quarantine facilities for Yemeni livestock and agricultural products to increase exports, as well as building smart food cities near border areas to improve food security and sustainable cooperation.
The Council urged action to address banking challenges faced by traders, suggesting reforms in Yemen’s financial sector and stronger ties with Saudi banks. It also proposed creating a club for Yemeni investors in Saudi Arabia to encourage joint projects and partnerships.
Three new Saudi-Yemeni companies will be established. One will invest $100 million in solar energy to provide sustainable electricity in Yemen. Another will focus on boosting telecommunications via Starlink satellite services. The third will organize events to promote Saudi products and support Yemen’s reconstruction.
Speaking to Asharq Al-Awsat, Council President Dr. Abdullah bin Mahfouz emphasized the private sector’s critical role in stabilizing Yemen’s economy and society through investments that support development, create jobs, improve infrastructure, and promote small and medium-sized enterprises (SMEs).
He stressed the importance of empowering Yemeni entrepreneurs and securing funding for reconstruction projects, encouraging public-private partnerships to execute large-scale initiatives under the Build-Operate-Transfer (BOT) model.
The Makkah meeting ended with agreements between Saudi and Yemeni companies to develop key sectors such as energy, agriculture, and infrastructure.
Streamlined customs, improved logistics, and upgraded Yemeni ports and airports were also highlighted as priorities to facilitate trade.
Yemeni delegation leader Abdulmajid al-Saadi, praised Saudi Arabia’s new investment law, noting Yemeni investments in the Kingdom have reached 18 billion riyals ($4.8 billion), ranking third among foreign investors.