Aramco Raises Gas Growth Target To 80% By 2030

7 Nov 2025 Issue: 68 / 45 By: Jamie Ingram

Saudi Aramco plans to increase sales gas production capacity by a massive 80% between 2021 and 2030, up from previous plans of a 60% increase. Gas growth has long been key to the government’s plan of ending oil burn by 2030, while Riyadh’s growing focus on AI investments has opened up a new value proposition. Aramco is confident the extra gas can be produced with minimal investment.

Anticipating huge domestic power demand growth, Saudi Aramco has revised up its sales gas growth target from 60% to 80% by 2030. Citing strong momentum on both demand and supply, CEO Amin Nasser told Aramco’s Q3 earnings call on 4 November that the additional gas production and associated liquids will generate $12-15bn in incremental annual cash flow by 2030.

The 80% increase is from a 2021 baseline, when sales gas output averaged 9.2bn cfd, implying that Aramco has revised its 2030 target up from around 14.7bn cfd to as much as 16.8bn cfd (see chart 1). This huge 7.6bn cfd increase is also accompanied by massive amounts of high-value additional NGLs, with the company expecting to realize more than 1mn b/d of associated liquids that can supply Saudi Arabia’s strategically important petrochemicals sector (MEES, 31 October). (CONTINUED - 1364 WORDS)