Saudi king to launch new mega projects
New several development projects in the fields of housing, culture and knowledge
Saudi King Salman bin Abdulaziz Al Saud is set to launch several development projects in the fields of housing, culture and knowledge during his visit to the eastern province from Riyadh, according to governor of Al-Ahsa region Prince Badr Bin Jalawi.
Saudi Minister of Energy, Industry and Mineral Resources Khalid Al-Faleh said King Salman will launch a number of mega oil projects of Saudi Aramco, and the King Abdulaziz Center for World Culture at a ceremony to be held in Dhahran on Friday.
“These projects would further increase the capacity of the Kingdom’s oil and gas production and will consolidate the country’s position as the leading energy exporter in the world. The projects would contribute significantly to realizing the Kingdom’s Vision 2030 through setting the ground for sustainable expansion and diversification of the national economy and increase its production capacity, in addition to strengthening the position of Saudi Aramco as the largest integrated energy and petrochemical company in the world,” he said.
King Salman will inaugurate the King Abdulaziz Center for World Culture, which is an extension of Saudi Aramco’s corporate vision and a continuation of its work to create a knowledge society.
Faleh said the Center is a great donation from Saudi Aramco to Saudi society, especially the youth, and it will be a unique cultural landmark.
Some of the projects include those of Saudi Aramco and Royal Commission for Jubail and Yanbu, Bin Jalawi told the Saudi Press Agency.
These include expanding the production capacity of the largest oil field in the world, Manifa field, and Aramco’s Khurais Arabian Light Crude Increment as well as the launch of large-scale mining projects in Raas Al-Khair and Jubail on November 29.
Other projects include the stand-alone Wasit Gas Plant and the Shaybah oil field in the Empty Quarter desert.