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Released July 25, 2024 | NEW DELHI
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Researched by Industrial Info Resources (Sugar Land, Texas)--Saudi Arabia is shifting its energy focus toward natural gas, deemphasizing the long-standing role of crude oil production in its economy. The kingdom's national oil company, Saudi Aramco (Dhahran, Saudi Arabia), plans to boost its natural gas production capacity by more than 60% by 2030.
Recently awarded multibillion dollar projects are set to be developed throughout 2024 and beyond to achieve target production. They include the Master Gas Phase III Expansion, which covers pipeline-system improvements across central and southwestern Saudi Arabia; the Jafurah Gas Field Development, which is situated on the eastern coast near Bahrain and Qatar; and the Fadhili Gas Plant expansion in Dhahran, which will take the facility's total capacity from 2.5 billion to 4 billion cubic feet per day.
Subscribers to Industrial Info's Global Market Intelligence (GMI) Oil & Gas Project Database can click here for a list of detailed reports for projects related to Master Gas Phase III; click here for a list of those related to the Jafurah development; and click here for details on the Fadhili Gas Plant expansion.
Subscribers can click here for a full list of natural gas production projects across Saudi Arabia, and click here for a full list of related plant profiles.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) platform helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 trillion (USD).
Recently awarded multibillion dollar projects are set to be developed throughout 2024 and beyond to achieve target production. They include the Master Gas Phase III Expansion, which covers pipeline-system improvements across central and southwestern Saudi Arabia; the Jafurah Gas Field Development, which is situated on the eastern coast near Bahrain and Qatar; and the Fadhili Gas Plant expansion in Dhahran, which will take the facility's total capacity from 2.5 billion to 4 billion cubic feet per day.
Subscribers to Industrial Info's Global Market Intelligence (GMI) Oil & Gas Project Database can click here for a list of detailed reports for projects related to Master Gas Phase III; click here for a list of those related to the Jafurah development; and click here for details on the Fadhili Gas Plant expansion.
Subscribers can click here for a full list of natural gas production projects across Saudi Arabia, and click here for a full list of related plant profiles.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) platform helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 trillion (USD).
