New Natural Gas Discoveries Enhance Economic Growth in Saudi Arabia

New Natural Gas Discoveries Enhance Economic Growth in Saudi Arabia

🌟 Prince Abdulaziz bin Salman bin Abdulaziz, the Saudi Minister of Energy, announced the discovery of two natural gas fields in the Empty Quarter, achieved by Saudi Aramco. The discovered fields are Al-Hairan and Al-Muhakik, along with five reservoirs in previously discovered fields.

New Natural Gas Discoveries Enhance Economic Growth in Saudi Arabia

πŸ”… The significance of these discoveries lies in their contribution to increasing natural gas production, which is an important step towards enhancing energy security in the Kingdom and reducing reliance on imported energy sources. They also open the door to new economic growth opportunities, through job creation and investment stimulation in the sector.

πŸ”… The Kingdom anticipates increasing its natural gas production to 120 billion cubic feet per day by 2030, and these discoveries will play a pivotal role in achieving this goal. They also represent an important step towards realizing Saudi Vision 2030 and its mega projects, reflecting the Kingdom’s immense wealth and its ability to achieve its economic and developmental goals.

πŸ™ We thank Allah who blesses us from our land and has provided us with a conscious leadership. Some bet that oil and gas will run out, but Allah continues to bless us more and more.
We thank Allah for His bounty, and the envious will die in despair.

These new discoveries of natural gas will be a strong contributor to achieving Saudi Vision2030 and supporting its mega projects, and they will be a significant support for achieving the goals of Vision 2040. It’s a blessed step towards a prosperous and sustainable future in the Kingdom.

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