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MENA in Brief – March 2020
The Middle East is known for large conventional oil fields, but unconventional gas is featuring more and more. In this episode I’m joined by analysts Liam Yates and Alexandre Araman to discuss two big announcements: Saudi Arabia’s US$100 billion investment in a 200 tcf unconventional gas development in the Jafurah basin, and UAE’s 80 tcf Jebel Ali gas discovery.
Saudi Aramco is focusing its unconventional gas activity in three areas: the Northern Borders province (near the Iraqi and Jordanian borders) with the North Arabia development, south of Ghawar and the Jafurah Basin (east of Ghawar). The North Arabia development is located in a remote area with no connection to the Master Gas System. It was deemed more cost efficient to develop local unconventional gas resources than to extend gas pipeline infrastructure to this distant province. The gas was ...