EnergyWatch

Saudi Aramco prepares for gigantic gas project

The oil and gas giant presents a development plan for a record field and plans to invest around USD 100bn in the project.

Photo: DANIEL KRAMER/REUTERS / X03407

State-owned Saudi Arabian oil and gas company Saudi Aramco has now confirmed a development plan for the Jafurah field, the biggest non-associated gas field in the country to date – that is, the biggest gas field in a reservoir not containing oil – reports Upstream Online.

The investment is expected to exceed USD 100bn and will entail output of around 2 billion cubic meters of gas in 2030, with operations set to begin in 2025. The company has previously expected to commence production one year earlier.

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