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Saudi Energy Minister Abdulaziz bin Salman says the development of Jafurah, the largest gas field in the Kingdom, will help curtail the burning of some 688,000 bpd of oil that could otherwise be exported. Saudi Arabia plans to produce 90% of its power from gas and renewable energy in the future. Riyadh is planning to invest $110 billion in the development of Jafurah, which is estimated to hold 200 trillion cubic feet of gas.

Saudi Arabia to Develop Jafurah Gas Field

Saudi Energy Minister Abdulaziz bin Salman says the development of Jafurah, the largest gas field in the Kingdom, will help curtail the burning of some 688,000 bpd of oil that could otherwise be exported. Saudi Arabia plans to produce 90% of its power from gas and renewable energy in the future. Riyadh is planning to invest $110 billion in the development of Jafurah, which is estimated to hold 200 trillion cubic feet of gas.

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