Saudi Press

Saudi Arabia and the world
Friday, Jul 11, 2025

Saudi Arabia Launches First Natural Gas Storage Project as Part of Vision 2030 Amid Regional Economic and Diplomatic Developments

Saudi Arabia launches first natural gas storage project to address peak energy demands and reduce emissions.
Saudi Arabia has launched its first natural gas storage project, the Hawiyah Gas Storage facility by Aramco, aiming to inject and reintroduce up to 2 billion standard cubic feet of natural gas daily. This marks a significant step in addressing peak energy demands and reducing carbon emissions under Saudi Vision 2030.

In a related effort of economic progress in the Gulf region, S&P Global Ratings has upgraded Oman’s credit rating from “BB+” to “BBB-” due to better public finances and structural reforms. This positive outlook is sustained by projected fiscal surpluses and enhanced economic diversification over the next few years.

Meanwhile, at the 79th session of the United Nations General Assembly, Saudi Foreign Minister Prince Faisal bin Farhan held productive talks with leaders from Canada, Venezuela, and Grenada. These discussions emphasized strengthening bilateral relations and addressing broader regional and international issues.

Shifting gears to sports, Al Nassr continued their remarkable run in the Saudi Pro League with a 2-0 win over Al Wehda, thanks to goals from Angelo Gabriel and Cristiano Ronaldo. This victory leaves them just one point behind the league leaders, maintaining their unbeaten streak under Coach Stefano Pioli.

In a somber note from the entertainment world, legendary actress Dame Maggie Smith, known for her iconic roles in Harry Potter and Downton Abbey, has passed away at age 89. Smith's illustrious career included winning two Oscars and eight BAFTA awards, leaving a lasting legacy cherished by her family and fans.

Lastly, focusing on humanitarian efforts, Saudi Arabia’s Project Masam has successfully cleared over 1,300 explosive devices in Yemen, enhancing civilian safety. Since 2018, the project has removed an impressive total of 463,673 mines, facilitating safer living conditions and the delivery of aid in conflict-affected regions.
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