The Saudi Arabia oil and gas midstream market size was valued at USD 81.3 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 125 Billion by 2033, exhibiting a CAGR of 4.92% from 2025-2033.Grab a sample PDF of this report: https://www.imarcgroup.com/saudi-arabia-oil-gas-midstream-market/requestsample
The growth in Saudi Arabia’s oil and gas midstream market is driven by massive investments in strategic infrastructure, like the recent $25 billion contracts signed by Saudi Aramco for developing the Jafurah gas field network. The nation has enhanced storage capacity—evident from inaugurating the Hawiyah Gas Storage facility, which can inject up to 2 billion standard cubic feet of gas per day. These advances ensure greater supply security and support energy diversification, in strong alignment with government initiatives like Vision 2030 and the National Industrial Development and Logistics Program.
Additionally, the surge in domestic demand for natural gas and petrochemical feedstocks is rapidly advancing the construction of pipelines and export terminals on both Red Sea and Gulf coasts. Saudi Arabia has built a network that now handles over 95% of total midstream sales domestically, registering a 14.87 million tonne rise in recent cement sales, reflecting broader industrial expansion. Strategic international partnerships and adoption of cutting-edge technology further amplify capacity, efficiency, and the Kingdom’s role as a global energy logistics hub.
Key Market Trends & Insights:
Expansion of Storage Infrastructure
Saudi Arabia is significantly investing in storage facilities, highlighted by the new Hawiyah Gas Storage site, which can inject up to 2 billion standard cubic feet of gas per day. This expansion boosts supply security and operational flexibility, especially during peak demand.
Digital Transformation and Smart Operations
Midstream companies are rapidly adopting digital tools such as SCADA systems, IoT sensors, and AI-driven analytics. These technologies allow real-time pipeline monitoring, predictive maintenance, and operational efficiency, while helping reduce environmental risks and unplanned outages.
Diversification into Natural Gas
The market is diversifying with large-scale investments in natural gas pipelines and processing. Projects like the multi-billion dollar agreement between Saudi Aramco and Sinopec aim to upgrade natural gas infrastructure, supporting cleaner energy use and strengthening global partnerships.
Green Initiatives and Sustainability
Environmental compliance is a growing focus, with industry efforts targeting carbon emission reductions, alternative fuels, and liquid fuel displacement. Initiatives align with Saudi Vision 2030, promoting eco-friendly practices and supporting both domestic and export market goals.
Development of Export Terminals
Strategic expansion of export terminals along the Red Sea and Persian Gulf enhances Saudi Arabia’s reach to global markets. Improved connectivity allows the country to efficiently serve energy requirements in Asia and Europe, driving additional market growth and resilience.
Ask analyst of customized report: https://www.imarcgroup.com/request?type=report&id=13236&flag=E