Aramco to launch up to seven gas facilities by 2027, targets 80% sales growth by 2030

Saudi Aramco intends to commence construction of six to seven gas and liquefied gas facilities between 2025 and 2027, as part of its plan to boost gas sales by 80% by 2030 compared to levels in 2020-2021. Abdulkarim Al-Ghamdi, Aramco's executive vice president of gas, discussed the expansion strategy during a panel at the 25th WPC Energy Congress in Riyadh on Tuesday.

The Saudi Arabian government is bolstering its gas production capabilities and related infrastructure to accommodate rising demand and accommodate the growing significance of natural gas in the energy sector. Al-Ghamdi emphasized the Kingdom's diverse oil production assets and export facilities, underscoring how the infrastructure enhances the country's resilience to disruptions and unexpected events.

Furthermore, Al-Ghamdi highlighted the extensive gas network operated by Saudi Arabia, featuring the Master Gas System which stretches thousands of kilometers across the nation from east to west. He revealed that over 90% of the materials required by Aramco during disruptions stemming from global conflicts have been sourced locally, emphasizing the significance of domestic supply chains in ensuring continuous operations.

The executive vice president also pointed out that the company collaborates with strategic partners across various assets and facilities, such as refineries and pipeline networks, to enhance operational capabilities. According to Al-Ghamdi, energy resilience involves not only reacting to crises after they occur, but also anticipating potential disruptions, safeguarding critical assets, diversifying their geographical locations and ensuring they can function under extreme conditions.

Al-Ghamdi explained that Aramco utilizes integrated operating systems, interconnected supply chains and advanced data analytics to protect facilities, mitigate operational risks and decrease the likelihood of disruptions.