CEO Nasser: Saudi Aramco plans to increase gas production by 50-60% by 2030

CEO Nasser: Saudi Aramco plans to increase gas production by 50-60% by 2030

Saudi Gazette report VIENNA — President and Chief Executive Officer of Saudi Aramco Eng. Amin Nasser announced plans to increase the oil giant’s gas production by 50-60 percent by 2030 to meet the domestic demand for the industries. “We are working to increase energy production levels until 2030, and our target is to reach 13 million barrels per day," he said while speaking on the sidelines of the international symposium of the Organization of the Petroleum Exporting Countries (OPEC) in the Austrian capital Vienna. Nasser said that Aramco aims to expand blue hydrogen production to reach 11 million tons in the first phase, as well as to increase carbon storage. “We contribute to support many industries within the Kingdom’s Vision 2030, such as the manufacture of engines, ships, and marine industries.” It is noteworthy that Saudi Energy Minister Prince Abdulaziz bin Salman disclosed earlier this year about the Kingdom’s strategic plans to increase its production of oil, gas and clean energy. He said then that the Kingdom is working to increase gas production by 60 percent by adding 4,000 km of gas pipelines. The Kingdom has many projects currently under various faces of development, and is working to increase its