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Saudi Arabia Discovers Large Quantities of Gas in Red Sea – Minister
Saudi Arabia Discovers Large Quantities of Gas in Red Sea – Minister
Sputnik International
Saudi Energy Minister Khalid al-Falih has said that huge gas reserves had just been discovered in the Red Sea, according to the Saudi Press Agency (SPA). 08.03.2019, Sputnik International
2019-03-08T06:45+0000
2019-03-08T06:45+0000
2019-03-08T06:48+0000
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middle east, newsfeed, saudi arabia, red sea, khalid al-falih
middle east, newsfeed, saudi arabia, red sea, khalid al-falih
Saudi Arabia Discovers Large Quantities of Gas in Red Sea – Minister
06:45 GMT 08.03.2019 (Updated: 06:48 GMT 08.03.2019) Saudi Energy Minister Khalid al-Falih has said that huge gas reserves had just been discovered in the Red Sea, according to the Saudi Press Agency (SPA).
According to the Saudi Press Agency (SPA), al-Falih also said that Saudi Aramco is considering investing in a number of LNG projects in the United States, as well as in the petrochemical industry in South Africa.
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In 2018, Falih said that Saudi Arabia was planning to double its production of natural gas during the next 10 years to a target of 23 billion cubic feet per day.
Saudi Arabia is one of the world's 10 largest natural gas producers, according to the World Energy Council.
