Aramco

Company 2222.SR

Last mentioned: Feb 27, 2026

Timeline

  1. Target Completion

    Deadline for 60% production increase and elimination of domestic oil-fired power.

  2. Momentum Update

    Aramco reports major progress toward the 60% growth target with infrastructure on track.

  3. Jafurah Milestone

    First condensate cargoes from the Jafurah field are sold to international buyers.

  4. Strategy Launch

    Aramco announces major gas expansion plans as part of Vision 2030.

Stories mentioning Aramco 1

Commodities Bullish

Aramco Accelerates Gas Expansion to Meet 60% Growth Target by 2030

Saudi Aramco is reporting significant progress in its multi-billion dollar gas expansion strategy, aiming to increase production by 60% by 2030 compared to 2021 levels. This shift is designed to optimize the Kingdom's energy mix, replace liquid fuels in power generation, and establish a major foothold in the global LNG market.

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