Saudi Aramco CEO Amin Nasser
Aramco advances gas and LNG strategies on all fronts
Saudi Arabia has made major advances in realising its gas ambitions this year, but challenges remain
Saudi Arabia has long been a gas island—neither an importer nor an exporter, and with no involvement in the most dynamic sector of the industry: LNG. This is despite being one of the world’s largest producers and consumers of the fuel. The country’s national energy and chemicals company, Saudi Aramco, is now working full throttle to change that situation. Aramco has set itself a target of boosting its gas production by 60% over 2021’s level of 104bcm to more than 165bcm/yr by 2030. The projects underway to achieve this are part of a massive capex programme that this year alone will require investment of $48–58b. “We have big ambitions in terms of growing our LNG portfolio, through incr
Also in this section
21 April 2026
After overcoming a COVID-induced demand collapse with several years of successful market management, geopolitical events have conspired to provide the pact’s biggest test to date
21 April 2026
The regime’s policy of using nuclear ambiguity as a deterrent may have failed but it has realised it has other cards to play, while its neighbours are reappraising their approach to security
21 April 2026
As the global energy system undergoes a fundamental realignment, Algihaz Holdings has established itself as a critical player bridging conventional energy markets and the next generation of renewable infrastructure.
21 April 2026
The 25th WPC Energy Congress is taking place from 11-15 October 2026 at the Riyadh Front Exhibition & Conference Center.
