The initial phase of the oil corporation Aramco’s Jafurah gas facility is finalized, and operations have commenced, yielding a capacity of 450 million cubic feet per day, as reported by the Saudi finance ministry on Tuesday. In the ministry’s budget report for 2026, this achievement was highlighted as a milestone reached in 2025. Jafurah is potentially the largest shale gas initiative outside the United States and is anticipated to achieve a steady output of 2 billion cubic feet per day by the year 2030.
Amin Nasser, the CEO of Aramco, referred to Jafurah as a key asset in the company’s offerings. He stated during a call regarding earnings last month that the first phase is scheduled for completion by the end of this year. Earlier this year, Aramco secured $11 billion through a lease and leaseback arrangement concerning its Jafurah gas processing plants with a consortium headed by Global Infrastructure Partners, a part of BlackRock. The Jafurah project, valued at $100 billion and expected to hold 229 trillion standard cubic feet of natural gas, is instrumental to Aramco’s goal of becoming a significant global player in the natural gas sector and enhancing its gas production capabilities. The resulting output is expected to allow more crude oil to be available for export, which is currently allocated for domestic energy generation. Aramco opted not to provide any comments on this matter.
