Saudi Arabia’s finance ministry has said that the Jafurah gas plant has begun its output, as per its 2026 budget statement.
Production has started with a daily output of 450 million cubic feet in capacity per day with expectations of future production reaching 2 billion cubic feet of gas per day.
The project is expected to be completed by 2030.
Other achievements for the oil and gas sector included adding 8 trillion standard cubic feet of crude gas, the discovery of 13 fields and 12 oil and gas reservoirs, and the activation of digital transformation applications.
The project is one of Aramco’s largest deals secured this year and is expected to help grow the oil and gas sector for the Kingdom. It was secured in partnership with Global Infrastructure Partners via an $11 billion lease and leaseback deal initially signed in August. The deal was closed in October.
The Jafurah Gas plant remains a key initiative of Saudi Arabia’s Vision 2030 plan, which pulls various sectors together for planning the economy’s growth.
The project was also listed as a key achievement in Aramco’s Q3 2025 report, which disclosed adjusted net income of $28 billion, operating cash flow of $36.1 billion, and free cash flow of $23.6 billion.
At the time of writing, Saudi Aramco shares were trading at a price of 24.46 Saudi Arabian riyals.