Saudi Aramco to begin new phase of shale gas development next year

Petrotahlil-The plant is part of Saudi Aramco's plan to produce 3 billion standard cubic feet of unconventional gas over the next decade."

The kingdom said last year that it was close to finalising a major agreement in the liquefied natural gas sector with Russia.

Saudi Aramco also announced its intention to join the US shale revolution with plans to develop unconventional gas in the Eagle Ford formation in Texas.