LBCI

Another 15 trln standard cubic feet of gas proven at Saudi Aramco's Jafurah field

Middle East News

25-02-2024 | 04:46

Share

Share

Another 15 trln standard cubic feet of gas proven at Saudi Aramco's Jafurah field

2^min

An additional 15 trillion standard cubic feet of gas have been proven at Saudi state oil company Aramco's Jafurah field, Energy Minister Prince Abdulaziz bin Salman said on Sunday.

Reserves at Jafurah have reached 229 trillion cubic feet of gas and 75 billion barrels of condensates, Prince Abdulaziz said in a statement on state news agency SPA.

Saudi Arabia is working on developing its unconventional gas reserves, which require advanced extraction methods such as those used in the shale gas industry.

Jafurah is the kingdom's largest unconventional non-oil associated gas field and it is potentially the biggest shale gas development outside of the United States.

In 2020, the Jafurah field was estimated to require investments of $110 billion.

Saudi Aramco expects output to reach 420 million cubic feet per day of ethane by 2030, it said on its website. The Jafurah field would produce some 630,000 barrels per day of gas liquids and condensates by 2030, it said.

Reuters

Middle East News

Gas

Saudi Arabia

Aramco

Jafurah

Field

Prince Abdulaziz Bin Salman

Next

Trump says he will visit Saudi Arabia, Qatar, UAE as early as May

Recommended For You

Netanyahu says Israel targeted Hamas spokesman Abu Ubaida

Israel-Gaza War Updates

06:52

Netanyahu says Israel targeted Hamas spokesman Abu Ubaida

Hamas confirms death of its military leader Mohammed Sinwar

Israel-Gaza War Updates

05:25

Hamas confirms death of its military leader Mohammed Sinwar

Houthis vow to avenge death of their PM in Israeli strikes

Middle East News

14:01

Houthis vow to avenge death of their PM in Israeli strikes

Hezbollah mourns Yemeni leaders killed in strike, condemns attack

Middle East News

13:47

Hezbollah mourns Yemeni leaders killed in strike, condemns attack

Subscribe to our VOD

SUBSCRIBE

Our visitors readings

Unprecedented step: Lebanon funds kidney transplants for all qualified patients

2025-08-29

Unprecedented step: Lebanon funds kidney transplants for all qualified patients

'Massive explosion' in southern Iran port: State TV

Middle East News

2025-04-26

'Massive explosion' in southern Iran port: State TV

Germany tells nationals to leave Iran, fearing retaliation over sanctionsc

Middle East News

2025-08-29

Germany tells nationals to leave Iran, fearing retaliation over sanctionsc

Geagea from the Grand Serail: Everyone must comply with government's decision on weapons

2025-08-22

Geagea from the Grand Serail: Everyone must comply with government's decision on weapons

Videos

LBCI correspondent reports from Nabatieh as residents clear rubble after Israeli strikes

07:56

LBCI correspondent reports from Nabatieh as residents clear rubble after Israeli strikes

Unprecedented step: Lebanon funds kidney transplants for all qualified patients

2025-08-29

Unprecedented step: Lebanon funds kidney transplants for all qualified patients

US envoy Barrack clarifies ‘animalistic’ comment, says media ‘just doing their job’

2025-08-28

US envoy Barrack clarifies ‘animalistic’ comment, says media ‘just doing their job’

US congressional delegation in Beirut discusses disarmament of Hezbollah, LAF support, Israeli perspective

2025-08-26

US congressional delegation in Beirut discusses disarmament of Hezbollah, LAF support, Israeli perspective

40 years of LBCI: A look back at its milestones

News Bulletin Reports

2025-08-23

40 years of LBCI: A look back at its milestones

President Aoun: Hezbollah's weapons are an internal matter, US proposal is now a Lebanese paper

2025-08-17

President Aoun: Hezbollah's weapons are an internal matter, US proposal is now a Lebanese paper

Pregnant journalist Petra Abou Haidar attacked in road rage assault

2025-07-15

Pregnant journalist Petra Abou Haidar attacked in road rage assault

Massive fire erupts at unregulated dumpsite in Bchannine, Zgharta district

2025-07-01

Massive fire erupts at unregulated dumpsite in Bchannine, Zgharta district

Clash between Lebanese Army and residents of Deir Qanoun Al Nahr results in injuries (Video)

2025-06-10

Clash between Lebanese Army and residents of Deir Qanoun Al Nahr results in injuries (Video)

Most read

24 hours

7 days

Month

Large fire engulfs archaeological site in Tyre

1

Large fire engulfs archaeological site in Tyre

Target of latest Gaza strike was Hamas spokesman Abu Obaida, Israeli Army Radio reports

2

Target of latest Gaza strike was Hamas spokesman Abu Obaida, Israeli Army Radio reports

Lebanon weighs internal dialogue vs. external pressure: Army weapons plan faces delays

3

Lebanon weighs internal dialogue vs. external pressure: Army weapons plan faces delays

Hezbollah mourns Yemeni leaders killed in strike, condemns attack

4

Hezbollah mourns Yemeni leaders killed in strike, condemns attack

Head of Yemen's Houthi government, some ministers killed in Israeli strike

5

Head of Yemen's Houthi government, some ministers killed in Israeli strike

New hope for patients: Lebanon opens door to kidney transplants with full financial coverage

6

New hope for patients: Lebanon opens door to kidney transplants with full financial coverage

Israel ‘confronts’ Gaza occupation choice: Security chiefs, hostage threats in focus

7

Israel ‘confronts’ Gaza occupation choice: Security chiefs, hostage threats in focus

Netanyahu says Israel targeted Hamas spokesman Abu Ubaida

8

Netanyahu says Israel targeted Hamas spokesman Abu Ubaida

Download now the LBCI mobile app

To see the latest news, the latest daily programs in Lebanon and the world

Google Play

App Store

Download now the LBCI mobile app

We use
cookies

We use cookies to make
your experience on this
website better.

Accept

Learn More