Aramco Sees Red Sea, Jalameed Gas Flowing This Decade, CEO Says
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Saudi Aramco, the world’s largest state-run oil company, plans within this decade to produce natural gas at new fields in northern Saudi Arabia and off the Red Sea coast, Aramco’s chief executive officer said.
“We’ve done quite well, and in the last few years we’ve made some significant discoveries,” Khalid Al-Falih said in a Bloomberg Television interview on Dec. 8. “We have made discoveries in the north of Saudi Arabia in a place called Jalameed. We’re exploring very aggressively in the Red Sea.”