Gas Field discovered in Saudi Arabia by Saudi Aramco.
- Gas Field discovery was announced by Saudi Aramco on Sunday, February 25th with a capacity of nearly 15 trillion cubic feet.
- According to the paper, it could turn Saudi Arabia into the world’s third-biggest gas producer and exporter within the upcoming years.
- Condensates increased by two billion barrels to a total of 75 billion barrels in the field, nearly 17,000 square kilometers, the size of Kuwait.
information about Gas field:
According to a former adviser at the Saudi Oil Ministry, a significant discovery at one of Saudi Arabia’s largest gas fields is expected to boost the country’s revenues and transform it into a major gas exporter.
Oil company Saudi Aramco recently announced that it has increased its estimates of gas deposits in the Jafurah field in Eastern Saudi Arabia by almost 15 trillion cubic feet (tcf) to a total of nearly 229 trillion tcf.
Additionally, it reported an increase in condensates by almost two billion barrels to a total of 75 billion barrels at the field, which covers an area of nearly 17,000 sq km.
The discovery will help Saudi Arabia diversify its sources of income and energy, according to Mohammed Al-Sabban, a former adviser at the Oil Ministry.
He explained that this increase would allow the country to start exporting gas instead of consuming most of the production in local petrochemical units and other facilities.
Another well-known Saudi energy expert quoted by a Saudi Arabic language daily Asharq Alawsat suggested that the new addition could turn Saudi Arabia into the world’s third-largest gas producer within a few years.
He added that it would also support Saudi Arabia’s position as a pioneer in the global energy industry and turn Aramco into the largest integrated energy and petrochemicals company in the world.
Currently the highest producers of gas are the United States, Russia, Iran and Canada.
