Saudi Aramco inks deals to build Fadhili gas plant

Saudi Arabian Oil Co. (Saudi Aramco) has signed four engineering contracts to build its Fadhili gas processing plant, the state news agency reported on Wednesday.

Saudi Electricity Co. (SEC) and France's Engie were among the firms that signed contracts with the state-owned oil giant.

The plant, estimated to cost SAR 50 billion ($13.3 billion), is expected to be finished by the end of 2019.

Once completed, the Fadhili plant will process 2 billion standard cubic feet/day (scfd)/ day of Hasbah non-associated gas and 500 million scfd of Khursaniyah onshore non-associated gas.

It will also produce 470 million scfd of gas to fuel an adjacent cogeneration plant, which will provide the plant power and steam requirements and to export about 1,100 megawatts of power.

The facility will meet growing demand for energy by expanding capacity to 12.2 billion scfd/ day by 2021 from 9.3 billion scfd/ day of sales gas in 2015.