GASTAT: Saudi Industrial Production Index Up 2.0% in March 2025

GASTAT released on Sunday its Industrial Production Index (IPI) for March 2025
GASTAT released on Sunday its Industrial Production Index (IPI) for March 2025
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GASTAT: Saudi Industrial Production Index Up 2.0% in March 2025

GASTAT released on Sunday its Industrial Production Index (IPI) for March 2025
GASTAT released on Sunday its Industrial Production Index (IPI) for March 2025

Saudi Arabia’s General Authority for Statistics (GASTAT) released on Sunday its Industrial Production Index (IPI) for March 2025, revealing a 2.0% increase in the overall index compared to March 2024.
According to the data, manufacturing activities recorded a significant growth of 5.1% on an annual basis, and the index of water supply, sewerage, waste management, and remediation activities also increased by 15.0%.
The mining and quarrying activity saw a slight decrease of 0.2%, and the electricity, gas, steam, and air conditioning supply index also declined by 0.9%.
The IPI for main economic activities showed a modest 0.5% rise in the oil activities index, while non-oil activities recorded a substantial increase of 5.6% compared to March 2024.
GASTAT issues the IPI monthly to measure relative changes in the volume of industrial output. The index is calculated based on the industrial production survey, which samples establishments in key industrial sectors including mining and quarrying, manufacturing, electricity, gas, steam and air conditioning supply, water supply, sewerage, waste management, and remediation.



Israel's Leviathan Gas Field to Resume Operations

FILE PHOTO: An Israeli military ship sails next to the production platform of Leviathan natural gas field in the Mediterranean Sea, off the coast of Haifa, northern Israel December 1, 2020. REUTERS/Ilan Rosenberg/File Photo
FILE PHOTO: An Israeli military ship sails next to the production platform of Leviathan natural gas field in the Mediterranean Sea, off the coast of Haifa, northern Israel December 1, 2020. REUTERS/Ilan Rosenberg/File Photo
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Israel's Leviathan Gas Field to Resume Operations

FILE PHOTO: An Israeli military ship sails next to the production platform of Leviathan natural gas field in the Mediterranean Sea, off the coast of Haifa, northern Israel December 1, 2020. REUTERS/Ilan Rosenberg/File Photo
FILE PHOTO: An Israeli military ship sails next to the production platform of Leviathan natural gas field in the Mediterranean Sea, off the coast of Haifa, northern Israel December 1, 2020. REUTERS/Ilan Rosenberg/File Photo

Israel's NewMed said on Wednesday the Leviathan natural gas field that supplies gas to Egypt and Jordan, shut down nearly two weeks ago due to the Iran-Israel conflict, would resume operations in the next few hours.

Two of Israel's three gas fields - Chevron-operated Leviathan and Energean's Karish - off its Mediterranean coast that provide the bulk of exports to Egypt and Jordan have been shut since June 13.

That left in operation only the older Tamar field, used mainly for domestic supplies.

Israel and Iran agreed to a ceasefire on Tuesday. Israel's Energy Ministry said that after a security assessment, Energy Minister Eli Cohen had ordered the opening of Leviathan and Karish, Reuters reported.

The ministry said resuming regular operations at the rigs will "enable the supply of natural gas to all customers", the resumption of gas exports to neighboring countries, a rise in state tax revenues, and greater flexibility in managing the electricity and industrial sectors.

Leviathan, a deep-sea field with huge deposits, came online at the end of 2019 and produces 12 billion cubic meters of gas per year for sale to Israel, Egypt and Jordan. That will rise to some 14 bcm in 2026.

In addition to Chevron and NewMed, Ratio Energies is also a partner in Leviathan.