Related Articles
Aramco CEO Amin Nasser at a news conference in Dhahran
Forward article link
Share PDF with colleagues

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, Aramco Aram



{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}
Also in this section
ITM Power secures large ammonia customer
28 January 2022
New deal with Yara grows the firm’s pipeline from 21MW a year ago to 86MW
Ineos advances Grangemouth blue hydrogen project
27 January 2022
Bidders invited for engineering-design contract on project, which depends on progress of Scotland’s Acorn CCS cluster
French electrolyser firms eye IPCEI funding
27 January 2022
Mcphy and Elogen take different stances on gigafactory construction as they await EU decision
Sign Up For Our Newsletter
Project Data
PE Store
Social Links
Social Feeds
Featured Video