The first phase of Aramco's Jafurah gas plant is complete and production has begun with a capacity of 450 million cubic feet per day, the Saudi finance ministry said.
In its 2026 budget
statement, the ministry listed the milestone as an achievement reached in 2025,
reported Reuters.
Jafurah is potentially
the biggest shale gas project outside the US and is expected to reach
sustainable production of 2 billion cubic feet per day by 2030.
Amin Nasser, Aramco
CEO, who has called Jafurah a crown jewel in the company's portfolio, said
during an earnings call last month the first phase was on track for completion
by the end of this year.
Aramco earlier this
year raised $11 billion from a lease and leaseback agreement of its
Jafurah gas processing facilities with a consortium led by Global
Infrastructure Partners, part of BlackRock.
The $100 billion
Jafurah project, estimated to contain 229 trillion standard cubic feet of raw
gas, is central to Aramco's ambitions to become a major global player in
natural gas and boost its gas production capacity.
Its output will help
free up crude for export that is currently used for domestic power generation. -TradeArabia News Service

