Jafurah Shale Gas Project Pipeline and Gas-fired Power Plants Investment
Planned · Saudi Arabia · Last reported Jul 2025
Source: Arabian Gulf Business Insight (AGBI)
A group led by BlackRock is in talks to invest around $10 billion in a pipeline and gas-fired power plants associated with Saudi Aramco's giant Jafurah shale gas project. The project is central to Aramco's ambitions to become a major global player in natural gas and to boost its gas production capacity by 60 percent by 2030 from 2021 levels.
- Status
- Prospective
- Sector
- Power Generation (CCGT), Natural Gas, Oil and Gas
- Location
- Saudi Arabia
- Updated
- 22 Jul 2026
- Source
- Arabian Gulf Business Insight (AGBI)
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Project Information
Participants
| Not available for this record. |
Status
Original status | planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | A group led by BlackRock is in talks to invest around $10 billion in a pipeline and gas-fired power plants associated with Saudi Aramco's giant Jafurah shale gas project. The project is central to Aramco's ambitions to become a major global player in natural gas and to boost its gas production capacity by 60 percent by 2030 from 2021 levels. |
Original sector | Energy |
Budget |
Location
Country | Saudi Arabia |
Source
Source | Arabian Gulf Business Insight (AGBI) |
URL |
More Details
Record type | Project |
Sector | Power Generation (CCGT), Natural Gas, Oil and Gas |
Article published date | 2025-09-16 |
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