Four companies expressed interest for unconventional gas in KSA | Four companies expressed interest for unconventional gas in KSA -
Gas-KSA

Four companies expressed interest for unconventional gas in KSA

: Sunday, August 31 - 2014 @ 09:24

Industry sources stated that four companies have expressed interest in bidding for work on unconventional gas in Saudi Arabia as the world’s top oil exporter pushes ahead with plans to develop challenging shale deposit The companies are South Korea’s GS Engineering and Construction, Italy’s Maire Tecnimont, Japan’s JGC and Canada’s SNC-Lavalin, the sources told Reuters. State-run Saudi Aramco’s project will involve building processing facilities, wellheads and pipelines for the gas in Turaif in the northern part of Saudi Arabia where the big mining project Waad al-Shamal is under development, the sources said. The search for gas has been a priority for Saudi Arabia as it struggles to keep pace with rapidly rising domestic demand. Aramco plans to produce as much as 200 million cubic feet per day of unconventional natural gas by 2018 to supply the Waad al-Shamal project and a power plant.

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Sunday, August 31- 2014 @ 9:24 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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