Saudi Aramco Commences Gas Production at Massive Jafurah Field

Saudi Aramco has officially commenced gas production at the Jafurah field, the largest unconventional gas field in the Middle East. This milestone marks a significant step in Saudi Arabia's broader strategy to expand its natural gas output and diversify its energy mix. The field's gas sales capacity is projected to scale up significantly, reaching 2 billion cubic feet per day by 2030. By increasing domestic gas supply, the project aims to reduce the use of crude oil for power generation, freeing up more oil for international export. Furthermore, the Jafurah development positions Saudi Arabia to potentially become a major exporter of gas or a leading producer of blue hydrogen. This strategic move is expected to bolster Aramco's long-term valuation and support the Kingdom's industrial expansion goals.