Saudi Arabia has made a significant discovery at its Jafurah field, owned by the state oil company Aramco, which has bolstered the country’s energy sector. The newly found gas reserves, totaling about 15 trillion cubic feet, along with two billion barrels of condensate, have substantially increased the resources at Jafurah to approximately 229 trillion cubic feet of gas and 75 billion barrels of condensate.

Located southeast of the Ghawar oilfield, Jafurah is an unconventional gas field that requires specialized extraction methods. Saudi Arabia has plans to develop this field, as evidenced by the $10 billion contracts awarded by Aramco in 2021. The total projected spending for Jafurah’s development over the first decade is estimated at $68 billion.

Covering a vast area of 17,000 square kilometers, Jafurah is expected to become a major natural gas producer, with production projected to reach 2 billion cubic feet per day by 2030, a significant increase from 200 million cubic feet per day in 2025. Additionally, the field will yield valuable substances utilized in various industries.

This ambitious project positions Saudi Arabia as one of the leading global natural gas producers. Aramco’s commitment to invest over $100 billion in Jafurah’s development throughout its lifespan underscores the magnitude of this endeavor. Moreover, the project is expected to create more than 200,000 jobs directly and indirectly, further stimulating economic growth in Saudi Arabia.