Saudi Aramco has been increasingly focused on developing its gas reserves in recent years in a bid to bring an end to the costly, and polluting, practice of burning oil in utilities plants. As well as natural gas, the state-led firm is also keeping an eye on expanding into hydrogen production.
CFO Khalid al-Dabbagh was quick to highlight the continued importance of gas within Aramco’s portfolio during the firm’s 10 August Q2 earnings call. “Gas is a growth area for us, especially given the growth in gas demand within the kingdom, and gas plays a major role in our growth story going forward.” (CONTINUED - 782 WORDS)
