15:07 GMT +319 July 2019
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    A picture taken on January 14, 2014 through the window of an airplane shows the Red Sea's Tiran (foreground) and the Sanafir (background) islands in the Strait of Tiran between Egypt's Sinai Peninsula and Saudi Arabia.

    Saudi Arabia Discovers Large Quantities of Gas in Red Sea – Minister

    © AFP 2019 / STRINGER
    Middle East
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    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.

    READ MORE: Germany Prolongs Ban on Arms Sales to Saudi Arabia Until End of March

    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.

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    Tags:
    LNG, gas, Khalid al-Falih, Red Sea, Saudi Arabia
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