Saudi announces new natural gas discoveries in Empty Quarter, Eastern Province | Reuters
Saudi Aramco (2223.SE) has discovered two new natural gas fields in the Empty Quarter region, the state news agency quoted Saudi energy minister Prince Abdulaziz bin Salman as saying on Sunday.
The discovery of the Al-Hiran gas field was confirmed after gas flowed at a rate of 30 million standard cubic feet per day, and 1,600 barrels of condensate daily. The Al-Mahakik gas field was confirmed after gas flowed from it at a rate of 0.85 million standard cubic feet, the agency said.
"Natural gas was also discovered in five reservoirs in previously discovered fields," the agency added, citing the minister.
Other discoveries were also announced in fields in the Eastern Province, according to the agency.
Aramco, overwhelmingly an oil producer, aims to boost its gas production by 50% by 2030 from 2021 levels.
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