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  • 02-12-21

    Saudi Arabia to start working on its biggest gas field outside America

    (MENAFN) KSA’s Aramco’s award of deals that value USD10 billion on its huge Jafurah scheme has finally started to build what is believed to be the largest shale gas field in the world outside of America.

    Having fought with USA’s shale crude manufacturers for market share for the past ten years, the country is currently implementing the improved little-cost methods of its fracking competitors and is ready to make an expenditure worth of USD100 billion on Jafurah to quickly expand its local gas output.

    Moreover, the country is projected to be dominating the fifth biggest shale gas reservations in the globe.

    According to Prince Abdulaziz bin Salman, Saudi Energy Minister earlier the Jafurah gas field is going to put the nation third place internationally in natural gas output by 2030.

    MENAFN02122021000045013568ID1103291906

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