Air Products CEO Seifi Ghasemi has announced ongoing negotiations for additional offtake from the NEOM green hydrogen plant in Saudi Arabia due to sustained high demand for hydrogen. The oil and gas major is set to offtake the full 600 tonnes of green hydrogen per day from 2027, with potential for additional offtake exceeding the facility's production. Companies like TotalEnergies have issued RFQs exceeding the project's capacity, showcasing strong market demand. Air Products' strategic advantage lies in securing prime locations for renewable resources, enabling low-cost green hydrogen production and facilitating favorable offtake agreements. The NEOM project, with an investment of around $800m, demonstrates successful project financing with substantial bank support. Despite initial estimates, the project cost is significantly lower, reflecting Air Products' effective execution. The company's Q4 2024 earnings call revealed positive results, with adjusted profit per share at $3.56 and increased EBITDA. Air Products' shares rose following the announcement. The article highlights Air Products' leadership in the industry through proactive decisions and successful project execution. The demand for green hydrogen in various sectors, including refineries, shipping, and steelmaking, indicates a promising market outlook. Overall, the sentiment towards hydrogen in the article is positive, emphasizing the company's position as a key player in the green energy transition.