Saudi Aramco has confirmed a phased development approach for its $100 billion-plus Jafurah unconventional onshore gas project, which is likely to produce up to 2 billion cubic feet per day of gas by 2030.
The Saudi Arabian state-owned giant, while reporting its second quarter results on Sunday, said the first development phase for the Jafurah gas plant is likely to come on stream by 2025.
Aramco said it is progressing well on the phased development of the project, with a total processing capacity of 3.1 Bcf per day of raw gas.
“The facility for the gas plant will come in two phases. The first phase would come in 2025. And the second phase will come on stream by 2027,” Amin Nasser, the chief executive of Aramco said.
In addition, the full field development of Jafurah would later achieve a production capacity of 2 Bcfd by 2030, enabling it to lift its gas production capacity by 50% in the same time frame.
The huge Jafurah project “will provide feedstock for hydrogen and ammonia production and will help meet expected growing local energy demand”, Aramco noted.
The Oriental Pro-Energy Consulting Organization (Topco)
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