Saudi Sees 20% Growth in Gas Reserves Over 10 Years

Saudi Arabia expects to add at least 20% to its existing reserves of 242 trillion cubic feet of natural gas reserves within the next ten years, a Saudi oil executive said Sunday.

Saudi Arabian Oil Co., or Saudi Aramco, hopes to add “a minimum of 50 trillion cubic feet in the next 10 years,” Abdulla al-Naim, Aramco’s vice president for exploration, told the Saudi Energy Forum in Dammam.