Aramco aims to increase its gas production by more than 50% by 2030

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Riyadh, 20 Mar Saudi state-owned Aramco, considered the world's largest oil company, announced Sunday that it intends to increase its gas production capacity by more than 50% over the next nine years to reach 2,000 standard cubic feet of natural gas per day by 2030. The company “announced its growth strategy, which in its upstream operations includes continuing to raise maximum sustainable oil capacity to 13 million barrels per day by 2027 and a potential increase in gas production of more than 50% by 2030,” it said in a statement announcing its 2021 results. This forecast would mean “achieving a sustainable rate of gas of 2 billion standard cubic feet per day of natural gas” by 2030, he added.