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Saudi Aramco Splits Its Gas Business Amid Chemicals Expansion

  • Gas is crucial to growing its chemicals, hydrogen businesses
  • Firm’s gas operations structure now mirrors its oil division
An employee at the Hawiyah Natural Gas Liquids Recovery Plant, operated by Saudi Aramco, in Hawiyah, Saudi Arabia.

An employee at the Hawiyah Natural Gas Liquids Recovery Plant, operated by Saudi Aramco, in Hawiyah, Saudi Arabia.

Photographer: Maya Sidiqqui/Bloomberg
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Saudi Arabia’s state-run energy firm is splitting its gas production division in two, as the fuel becomes increasingly important for expanding its chemicals business and amid efforts to position itself for the energy transition.