Saudi Aramco Announces Production Increases, Eyes 80% sales Gas Capacity Growth by 2030
DHAHRAN – Saudi Aramco is actively increasing production across multiple sectors, including a significant push to expand its sales gas capacity by approximately 80% between 2021 and 2030. The company highlighted recent completion and planned operation of major oil and gas projects as key drivers for this growth, leveraging advanced capabilities and attracting international investment, especially within the Jafurah unconventional gas project.
The strategy focuses on value-enhancing growth while meeting rising energy demand through integrated businesses and technological advancements, including artificial intelligence and digital infrastructure. Aramco also intends to strengthen its global presence in refining, chemicals, and marketing through strategic international investments, solidifying its role as a reliable partner in these sectors. The company anticipates further innovation through a planned minority stake acquisition in Humane Company, a move designed to bolster its position in the rapidly evolving artificial intelligence landscape.
During the first nine months of 2025, Aramco’s refining, chemicals, and marketing sector utilized roughly 54% of the company’s crude oil production, maintaining a supply reliability rate of 99.9%. Though, profits for the first nine months of 2025 decreased to 278.6 billion riyals, compared to 307.1 billion riyals during the same period in 2024, with third-quarter profits reaching 97.3 billion riyals.