25 February 2024

Saudi Energy Minister Reveals Rise in Proven Gas, Condensate Reserves in Jafurah Field

International and Arabic
  • QNA-KsaMEne-28-10-2022

Riyadh, February 25 (QNA) - Saudi Energy Minister Prince Abdulaziz bin Salman bin Abdulaziz revealed on Sunday that an additional 15 trillion standard cubic feet of gas have been proven at Saudi state oil company Aramco's Jafurah field, in addition to 2 billion barrels of condensates.

Reserves at Jafurah had reached 229 trillion cubic feet of gas and 75 billion barrels of condensates, Prince Abdulaziz said in a statement on Saudi Press Agency (SPA).

A reputed independent consulting company, specialized in authenticating resources and proven reserves, has approved the estimates, he added.

Located in Saudi Arabia's Eastern Province, the Jafurah Gas Field is the largest liquid-rich shale gas play in the Middle East, containing an estimated 200 trillion standard cubic feet (scf) of natural gas. (QNA)



Keywords

Economy, Gulf
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