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Title: Saudi Aramco Reports Strong Q3 Performance, Plans for Growth

by Priya Shah – Business Editor

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.

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