NEWS
Saudi Aramco CEO leads signing ceremony of mega gas project at Fadhili
Source: | Author:pmo9e9256 | Published time: 2016-07-21 | 3939 Views | Share:

The project will be developed at a total cost that exceeds SAR 50 billion with emphasis placed on In-Kingdom expenditures, benefiting localization initiatives that will reach 40% of the total cost. The plant is expected to accommodate 4,500 jobs for Saudis between professional training and permanent and temporary jobs. A dedicated training center is expected to be established in the area in collaboration with governmental agencies focused on human resource development. The Fadhili training program, to be set up in partnership with project contractors, will provide Saudi nationals with opportunities to gain work experience and technical skills. Furthermore, partner contractors will sponsor developing young engineers at their offices across the world.

Saudi Aramco President and CEO Amin Nasser said: “Saudi Aramco’s multi-billion dollar investment in Fadhili will considerably increase the share of gas in the Kingdom’s energy mix and fits in with our long term strategy to lower emissions. Gas will be of vital importance to the Kingdom’s ongoing industrial diversification and economic development while enabling better energy efficiency in the utility sector.