Saudi Aramco confirms phased development plan for vast $100 billion gas project

Saudi Aramco has confirmed a phased development approach for its $100 billion-plus Jafurah unconventional onshore gas project, which is expected 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.

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