Aramco and Air Products Qudra Partner to Revolutionize Hydrogen Production in Saudi Arabia
Key Ideas
  • Aramco and Air Products Qudra have agreed to jointly own the Blue Hydrogen Industrial Gases Company in Jubail, Saudi Arabia, focusing on lower-carbon hydrogen production.
  • The partnership aims to develop a hydrogen network in Saudi Arabia's Eastern Province, catering to both domestic and regional customers, and supporting Aramco's New Energies portfolio.
  • BHIG will operate with a focus on producing lower-carbon hydrogen while implementing CO2 capture and storage practices, aligning with Aramco's commitment to building a sustainable energy system.
  • The collaboration between Aramco and APQ signifies a significant step towards establishing a vibrant marketplace for lower-carbon hydrogen in the Middle East, serving industries like refining, chemicals, and petrochemicals.
Aramco, in collaboration with Air Products Qudra, has finalized agreements to acquire a stake in the Blue Hydrogen Industrial Gases Company (BHIG) based in Jubail. This move is part of Aramco's strategy to venture into lower-carbon hydrogen production and expand its portfolio of sustainable energy solutions. Through this partnership, Aramco and APQ aim to become equal shareholders in BHIG, with a shared vision of developing a lower-carbon hydrogen network in Saudi Arabia's Eastern Province. The joint venture aligns with Aramco's commitment to innovation in its New Energies portfolio. BHIG is designed to produce lower-carbon hydrogen while implementing CO2 capture and storage technologies, supporting Aramco's carbon capture and storage (CCS) endeavors. This initiative is a significant step towards creating a robust hydrogen network in the Middle East, serving various industries like refining, chemicals, and petrochemicals. Aramco's Executive Vice President emphasized the company's dedication to expanding its lower-carbon hydrogen business and highlighted the potential commercial opportunities in the hydrogen sector. Similarly, Air Products Qudra's Chairman expressed enthusiasm for collaborating with Aramco to drive the hydrogen economy in the Middle East, emphasizing the importance of a reliable supply of lower-carbon hydrogen for regional and domestic needs. The partnership between Aramco and APQ signifies a strategic move towards building a sustainable energy ecosystem in the region, emphasizing the importance of clean energy solutions in industries traditionally reliant on fossil fuels. By integrating hydrogen production with carbon capture and storage, the companies aim to set the groundwork for a future energy system that prioritizes environmental sustainability and innovation.
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