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Published in EPT by Wilhelm Sicking, March 09, 2016

 

Aramco to nearly double natural gas production in decade


2016, March 09 + + + Saudi Aramco plans to nearly double its natural gas production to 23 standard bcfd in 10 years, Aramco Chief Executive Officer Amin Nasser told an industry conference in Jubail on Mar. 8. 

Having already increased its gas output to more than 12 bcfd from 3.5 billion bcfd during the early 1980s, Aramco has set a production goal for the coming decade.

“Work is under way to execute an ambitious plan to implement this,” Nasser said, stopping short of elaborating on details. He did say Aramco is exploring and developing unconventional gas.

The company is working to boost gas output for electricity and petrochemical production by developing gas fields not associated with oil production.

He also said Aramco plans to boost its refining capacity to 8-10 million b/d from its current capacity of 5.4 million b/d  ... see e-news-Saudi-Arabian-Downstream-New-Era.htm 

Source: Aramco CEO Amin Nasser and editors of the Oil & Gas Journal
For more information please visit  http://www.saudiaramco.com
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