The first major contracts for Saudi Arabia’s Jafurah field – supposedly, the biggest shale gas field outside the U.S. – were awarded last week, as the Kingdom aims to become the third largest natural gas producer in the world by 2030, to the point where it could even become a net exporter of gas. This, in turn - if true - would allow Saudi to achieve its supposed aim of producing half of its electricity from gas and half from renewable energy sources in pursuit of its 2060 net-zero greenhouse gas emissions target.
However, as…Is Shale Gas A Gamechanger For Saudi Arabia?
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