Saudi Aramco said on Tuesday its gas program would attract $ 150 billion in investments over the next 10 years as production grew to 23 billion cubic feet per day from 14 billion at present.

 

"We also have world-class resources of unconventional gas that are rapidly integrating into our vast traditional resources," said Amine Al Nasser, chief executive of the company at a conference in Dubai. "We currently have 16 drilling platforms focused on unconventional gas and more than 70 wells completed this year."

 

He said Aramco plans to invest $ 100 billion over the next 10 years in chemicals globally, in addition to potential acquisitions