Executive Office of the Petroleum Demand Sustainability Program

The Oil Sustainability Program was established under the umbrella of the Supreme Committee for Hydrocarbon Materials. The program will work under a supervisory committee chaired by HRH Minster of Energy and includes members from 17 of the main government entities, institutions, and companies in the Kingdom. The aim of the program is to support the energy transition globally, while ensuring a reliable, sustainable and affordable energy mix. The program aims to achieve this objective by removing barriers to energy access in developing markets, accelerating technology developments and reducing environmental impact of conventional energy sources, with the ultimate objective of sustaining and identifying new sources for oil demand. In this regard, 80+ opportunities across three sectors (Materials, Transportation, and Utilities) have been identified (e.g. plastic pallets, polymer in concrete, ICE vehicles, road infrastructure development, recycling, etc.). The scope of these opportunities is global, with particular focus on the developing markets.