Riyadh – Mubasher: The development of Al-Jafoura gas field in the eastern region of Saudi Arabia is expected to increase the field’s output to 2.2 trillion cubic feet (Tcf) per year in 2036, Crown Prince Mohammad Bin Salman stated.
The volume of gas resources in the field deposits is estimated at 200 Tcf of wet gas which contains gas liquids for the petrochemical industries and high-value capacitors, the Saudi Press Agency (SPA) reported on Friday.
Bin Salman commended the efforts of the Saudi Arabian Oil Company’s (Saudi Aramco) in developing the field, with total investments of $110 billion (SAR 412 billion).
“Crown Prince indicated that the development of the field would earn, within 22 years, from the beginning of its development, a net income for the government of about $8.6 billion annually and provides gross domestic product with an estimated $20 billion annually.” SPA said.
It is worth highlighting that Saudi Aramco’s Fadhili gas plant was expected to increase its gas supplies to 12.2 billion standard cubic feet (BSCF) by 2021, compared to 8.8 BSCF in 2015.
