Aramco and Air Products Qudra Partnership to Boost Hydrogen Economy in Jubail
Key Ideas
- Aramco acquires 50% equity in Blue Hydrogen Industrial Gases Company (BHIG) to provide Jubail with hydrogen, including lower-carbon hydrogen, at scale.
- BHIG focuses on producing blue hydrogen from natural gas with carbon capture and storage, aligning with Aramco's CCS activities.
- The partnership aims to develop a hydrogen network in Saudi Arabia's Eastern Province, supporting carbon emissions reduction and energy portfolio diversification.
- The joint venture between Aramco and Air Products Qudra is lauded for contributing to a robust hydrogen network in the Kingdom and aligning with Vision 2030 goals.
Aramco and Air Products Qudra have joined forces through the acquisition of a 50% stake in Blue Hydrogen Industrial Gases Company in Jubail. This collaboration focuses on providing a significant supply of hydrogen, particularly lower-carbon hydrogen, to the Jubail Industrial City area. BHIG's operations will center on producing blue hydrogen from natural gas while implementing carbon capture and storage techniques. The strategic partnership is seen as a vital step towards building a hydrogen network in Saudi Arabia's Eastern Province, aligning with Aramco's carbon capture and storage initiatives in Jubail. The investment is anticipated to drive the reduction of carbon emissions, promote growth, and enhance energy diversification in the region. Officials from both companies have expressed enthusiasm for the partnership, emphasizing its role in supporting Vision 2030 objectives and fostering sustainable energy solutions.