At the Al-Ahsa Investment Forum 2025, Saudi Aramco President and CEO Amin Nasser detailed the anticipated economic impact of the Jafurah unconventional gas field, projecting an annual contribution of $23 billion to Saudi Arabia's gross domestic product (GDP).

Nasser emphasized the company's objective to increase gas production capacity by over 60% by 2030.The Jafurah gas field, located in eastern Saudi Arabia, is undergoing development with total investments expected to surpass $100 billion over the next 15 years.

Phase one of the development commenced in November 2021, with initial start-up anticipated in the third quarter of 2025. Aramco projects that by 2030, Jafurah will achieve a sustainable production rate of two billion standard cubic feet per day of sales gas, along with significant volumes of ethane, natural gas liquids, and condensate.

The field is estimated to contain 229 trillion standard cubic feet of raw gas and 75 billion stock tank barrels of condensate.

In addition to its economic contributions, the Jafurah project is expected to generate more than 200,000 direct and indirect jobs through Aramco's unconventional gas program, which also includes developments in North Arabia and South Ghawar.

Nasser also highlighted the progress of the King Salman Energy Park (SPARK), an industrial ecosystem located between Al-Ahsa and Dammam.

The first phase of SPARK's development has been completed, attracting over 60 local and international investors with investments exceeding $3 billion.

These investments are projected to create more than 40,000 direct and indirect jobs.

Several factories have commenced operations within SPARK, which now manages all of Saudi Aramco's drilling and logistical support operations for the nation's oil and gas fields.

Additionally, a private dry port with an annual capacity of 10 million metric tons of goods is under development, with phased operations set to begin in the second quarter of this year.

Addressing environmental initiatives, Nasser announced a collaboration with King Faisal University to establish a center for nature-based solutions.

This partnership includes research projects focused on mangrove ecosystems in Saudi Arabia, aligning with efforts to combat climate change and support the Kingdom's Green Saudi Arabia and Green Middle East initiatives.The Al-Ahsa Investment Forum 2025, organized by the Al-Ahsa Chamber of Commerce and Industry, serves as a platform to promote investment opportunities in the region.

Saudi Aramco's participation underscores its commitment to supporting economic development and diversification in line with Saudi Vision 2030.