Saudi Aramco to invest $110bn to develop Al-Jafoura gas field

  • Date: 25-Feb-2020
  • Source: Arabian Industry
  • Sector:Oil & Gas
  • Country:Saudi Arabia
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Saudi Aramco to invest $110bn to develop Al-Jafoura gas field

The gas field is expected to commence production activities in the beginning of 2024.. The development of Al-Jafoura gas field will positively affect Saudi Aramco's financial books in a long-term, the company said.. The financial impact will begin to appear in phases corresponding with the progress made on the development of the field..