"There are 30 billion international Sukuk issues."0bscfd;
* Construction and procurement activities are underway at the Tanajib gas plant, which is part of the Marjan Development program.Aramco Announces 2024 Q3 Results
Amin H., President and CEO of AramcoNasser said, "Aramco achieved solid net profit in Q3 despite falling oil prices
And it generated a strong free cash flow. It also promoted new energy programs to promote upstream development, strengthen downstream value chains, and continue investing throughout the cycle. It emphasizes strong investor confidence in Aramco while maintaining a high level
Of profitability, operational performance and reliability," he said.,
As we focus on strategic growth opportunities and gain value through integration and diversification, we want to maintain positive momentum and consolidate our position as a global energy and petrochemical player."Construction activities were also continued in 2027 to add 50mpbd crude oil production capacity in 2 phases;
* Procurement and construction activities for Marjan and Berri crude oil are underway in 2025 with plans to add 300mbpd and 250mbpd production capacity.,
* Engineering, procurement and construction activities are being carried out in the Zuluf oil increment project, which is scheduled to process 600mbpd of crude oil from the Zuluf oil field in 2026.6bscf d of raw gas capacity from Marjan and Zuluf fields;
* Hawiyah Unayzah gas reservoir storage, the kingdom's first underground natural gas storage, successfully completed the first full cycle of gas storage and regeneration.Through low-cost upstream production and strategically integrated downstream operations, Aramco has demonstrated its ability to deliver strong revenue and free cash flow and create shareholder value throughout the cycle.Obscfd of natural gas for regeneration to master gas system based on request;,
* Aramco further invested in MidOcean Energy, acquiring and increasing an additional 15% interest in Peruvian LNG (PLNG)
MidOcean Energy's stake in PLNG is between 20% and 35%.5/10, Aramco announced that it has completed the issuance of Sar10 (Sar1125,000 billion) International Trust Deed (sukuk), which will mature in 2029 and 2034, respectively, and will be divided into 2 tranches.The successful issuance of Sukuk shows that Aramco is working to expand and diversify its debt investor base, further improve liquidity and reestablish the sukuk yield curve.In addition, Aramco is conducting several developments to support the expansion and development strategy of its gas and global LNG business:
*The Jafurah Gas Plant, which is part of the Jafurah unconventional gas field development, will continue procurement and construction activities and Phase one will begin
Production in 2025.During the quarter, Aramco continued to run and invest in its largest capital program in history
At unique growth opportunities to seek additional returns.7mmboed.