[ad_1]
Saudi Aramco said its gas program would attract $ 150 billion in investment over the next 10 years, rising from 14 billion cubic feet to 23 billion cubic feet a day.
"We also have world-class unconventional gas resources that quickly integrate with our enormous conventional resources.Today, we have 16 unconventional gas drilling rigs and over 70 wells completed this year. ", said Amine al-Nasser, general manager of the company, at a conference in Dubai.
He added that Aramco planned to invest $ 100 billion over the next 10 years in chemicals worldwide, in addition to potential acquisitions.
Read also:
Saudi Aramco plans to increase its oil and gas platform in 2017
Saudi Aramco to acquire 70% of Saudi Basic Industries Corporation (SABIC)
Saudi Aramco could postpone its initial public offering until 2019
[ad_2]
Source link