Skip to Content

$110 Billion Jafurah Project To Make Saudi Arabia A Gas Exporter

$110 Billion Jafurah Project To Make Saudi Arabia A Gas Exporter

Submitted by • February 23, 2020 arab.news

LONDON: A $110 billion project to develop a gas field in eastern Saudi Arabia will turn the global market on its head and make the Kingdom a gas exporter, industry analysts told Arab News on Saturday.

The Jafurah field — which lies southeast of Ghawar, the world’s largest conventional oil field — holds an estimated 200 trillion cubic feet of wet gas, and is capable of producing 130,000 barrels per day of ethane and 500,000 barrels per day of gas liquids and condensates.

Voted by:
Voted by arabnews

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>