27 Feb Aramco Starts production at Jafurah
(Oilandgaspress) – Aramco announced major progress in its ambitious gas expansion strategy, with the start of production at Jafurah, the Middle East’s largest unconventional gas field, and the commencement of operations at Tanajib Gas Plant, one of the largest gas plants in the world.
This will contribute to Aramco’s plan to increase sales gas production capacity by approximately 80% by 2030, over 2021 production levels, reaching approximately 6 million barrels of oil equivalent per day of total gas and associated liquids production. This is expected to generate incremental operating cash flows of $12 billion to $15 billion in 2030, subject to future sales gas demand and liquids prices.
Both projects reflect rapid progress in the growth of Aramco’s gas business, as company seeks to expand sales gas production capacity by approximately 80% by 2030, compared to 2021 production levels
Latest developments solidify Saudi Arabia’s position as one of the world’s leading natural gas producers and reinforce Aramco’s strong value proposition
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