403
Sorry!!
Error! We're sorry, but the page you were looking for doesn't exist.
Saudi Aramco plans to increase natural gas output
(MENAFN) Saudi Aramco announced its plan to produce 200 million cubic feet per day (cfd) of unconventional natural gas by 2018, Arabian Business reported
An industry source said that the firm's move is to supply a new phosphate project and a power plant
The company is keen on increasing its gas output as it can export crude oil at USD100 per barrel versus USD4 if sold to a Saudi power plant
The industry source said: "40 million cfd will go to the phosphate project of Waad al Shamal while 160 million cfd will go to Saudi Electricity Co for a power plant.
An industry source said that the firm's move is to supply a new phosphate project and a power plant
The company is keen on increasing its gas output as it can export crude oil at USD100 per barrel versus USD4 if sold to a Saudi power plant
The industry source said: "40 million cfd will go to the phosphate project of Waad al Shamal while 160 million cfd will go to Saudi Electricity Co for a power plant.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Most popular stories
Market Research
More Story
Comments
No comment