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Saudi plans to boost crude burn for power generation

Saudi deputy minister for electricity Saleh Alawaji has said the kingdom plans to increase its use of crude for power generation in 2011, as the country balances use of a new oilfield against obligations to OPEC, Reuters has reported. “Our main sources are crude oil and natural gas, and the new expansion of power plants this year will use more crude oil,” Alawaji told reporters on the sidelines of an industry conference in Singapore. Power generation capacity in the kingdom is likely to grow by about 6% to 10% this year, while installed power generation capacity, which now stands at 50 GW, would grow to 77 GW by 2020.
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