Saudi energy minister hints at plans to export gas

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Mon, 2020-02-17 00:42

LONDON: Saudi Arabia plans to start exporting gas and will soon make a major announcement on the topic, the country’s energy minister said.

“Soon you will hear about the ability of the Kingdom to be a gas exporter and a petrochemical exporter,” Prince Abdul Aziz bin Salman said in a televised speech, S&P Global Platts reported.

The Kingdom has been investing in gas exploration as it looks to boost its industrial footprint and reduce its reliance on crude oil for domestic power generation. 

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