Saudi Aramco Plans Gas Plant to Address Shortages

9 November 2009 (Last Updated November 9th, 2009 18:30)

Saudi Aramco says it plans to build the largest gas plant in Saudi Arabia, where gas shortages and rising demand from utilities and industries are causing concern. Saudi Aramco's chief executive Khalid al-Falih said the proposed plant will process more than 1.8 billion cubic feet of ga

Saudi Aramco says it plans to build the largest gas plant in Saudi Arabia, where gas shortages and rising demand from utilities and industries are causing concern.

Saudi Aramco's chief executive Khalid al-Falih said the proposed plant will process more than 1.8 billion cubic feet of gas per day, according to Reuters.

The Wasit gas project, being developed at Moneefa, will involve gas processing units, one tie-in platform, two offshore gas platforms, sub-sea power and communication links and pipelines.

SNC-Lavalin of Canada has been appointed to render engineering, design and project management services.

Saudi Arabia, which has an annual gas demand growth of 7%, is experiencing high energy consumption as high oil export revenues resulted in an economic boom.