Monday 21 October 2013

Saudi Arabia digs what it sees in shale options | GulfNews.com

Saudi Arabia digs what it sees in shale options | GulfNews.com:

"A statement issued at the World Energy Congress in Daegu, South Korea, last week said that Saudi Arabia “is preparing to be among the first countries outside North America to use shale gas for power generation”.
The Saudi Aramco chief executive Khalid Al Falih said at the Congress: “We are ready to start producing our own shale gas and unconventional resources in various types in the next few years and deliver them to consumers.”
Saudi Arabia must have been encouraged by the success of the shale gas revolution in the US and been busy since 2011 in exploring such resources in the northern part of the country. Al Falih added: “Only two years after launching our own unconventional gas programme, in the northern region of Saudi Arabia, we are ready to commit gas for the development of a 1,000 MW power plant which will feed a massive phosphate mining and manufacturing sector.”"

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