Aramco CEO Amin Nasser at a news conference in Dhahran
Aramco eyes big share of global blue hydrogen market
CEO points to competitive advantages of low-cost gas reserves and access to aquifers for CCS
Saudi Aramco will aim to capture a “big percentage” of the global market for blue hydrogen but will need to sign offtake deals before planning a significant ramp-up in production, senior company executives say. “Hydrogen is a very interesting market for us. We are looking at the markets and, basically, we are looking for offtake agreements," says Aramco president and CEO Amin Nasser. “The major markets that you are looking at today in terms of demand are Japan and Korea,” he said during a presentation of the company’s second quarter and half-year 2021 results. "The major markets that you are looking at today in terms of hydrogen demand are Japan and Korea" Nasser, Ara
Also in this section
23 December 2025
Government backing and inflow of private capital point to breakthrough year for rising star of the country’s clean energy sector
19 December 2025
The hydrogen industry faces an important choice: coordinated co-evolution or patched-together piecemeal development. The way forward is integrated co-evolution, and freight corridors are a good example
10 December 2025
Project developer Meld Energy ready to accelerate 100MW project in Humber region after securing investment from energy transition arm of private equity firm Schroders Capital
9 December 2025
BP and Engie abandon large-scale green hydrogen projects in Gulf state as developers in all regions continue to struggle with lack of firm offtake
