Aramco ready to start shale gas production
Daegu, South Korea, 5 hours, 34 minutes ago
tradearabia.com
Saudi Aramco will join the United States in becoming an unconventional gas producer, as it prepares to commit gas supply to a major power plant project in northern Saudi Arabia, giving it more scope to boost lucrative oil exports...
..."Only two years after launching our own unconventional gas programme, in the northern region of Saudi Arabia, we are ready to commit gas for the development of a 1,000 megawatt power plant which will feed a massive phosphate mining and manufacturing sector," Saudi Aramco chief executive Khalid Al-Falih said on Monday.
"We are ready to start producing our own shale gas and unconventional resources in various types in the next few years and deliver them to consumers," the head of Saudi Arabia's national oil company said at the World Energy Congress in South Korea...
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Saudi shale gas drilling bears fruit: Aramco head
globalpost.com
The US shale gas boom will spread "far and wide," the head of Saudi Aramco said Monday, announcing the state oil giant was set to supply gas to a massive Saudi power plant project...
..."I believe the US shale revolution will spread far and wide... The rush, ladies and gentlemen, is definitely on," he told the Congress in a keynote speech... |
