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Saudi announces major gas find

Khobar, February 23, 2010

Saudi Arabia on Tuesday reported a commercially-viable natural gas field in its northern Jalamid area. Tests showed the Jalamid-3 discovery well in Al-Sannara reservoir flowing at 12.1 million cubic feet per day.

The well was drilled to a total depth of 2,986 meters, the official SPA news agency, said citing Petroleum and Mining Minister Ali al-Naimi. 'This well can produce greater quantities under normal production conditions,' Naimi added.

Demand for gas in Saudi Arabia is soaring to feed power and industrial sectors in an economic boom fuelled by the oil price rally of 2002-2008.-Reuters




Tags: Saudi | gas find |

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