Aramco will lease these back from JMGC for a twenty‐year period. The ownership split ensures Aramco retains 51 per cent control, while the investor group, led by GIP, holds the remaining 49 per cent. This financing comes after a broader $11 billion lease and leaseback deal struck in August under similar terms, which formalised foreign investor participation and secured upfront proceeds for Aramco while retaining its operational control over major gas processing assets. The Jafurah project is central to Aramco's strategy to expand its natural gas production by about 60 percent between 2021 and 2030, hoping to meet escalating domestic demand and enhance its downstream feedstock for materials such as chemicals and other industrial use. The gas reserves in the field are estimated at 229 trillion standard cubic feet of raw gas and 75 billion stock tank barrels of condensate.