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
6 February 2026
The long close relationship between key supplier Qatar and pivotal buyer Japan becomes even deeper following new landmark deal
6 February 2026
Partnerships across the LNG value chain have evolved over time, growing in both complexity and importance, according to panellists at LNG2026
6 February 2026
Nigeria's mega-refinery is still trying to solve many challenges, all while its owner talks up expansion
5 February 2026
While broadly supportive of EU efforts to tackle methane emissions, representatives of the gas industry warn it could deter supply contracting if timelines and compliance requirements are not made more pragmatic
