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Polly Martin
Stuart Penson
11 May 2023
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Aramco blue hydrogen ambitions intact despite weak sales

Saudi state-owned company restates production goal as high costs deter potential offtakers

Saudi state-owned energy company Aramco has restated its aim to be a leading supplier of blue hydrogen and ammonia despite recent difficulties in securing long-term offtake deals with potential buyers because of high costs. “The company’s goal of producing up to 11mn t/yr of blue ammonia, a carrier of blue hydrogen, by 2030 remains unchanged,” the NOC says. “Aramco continues to work with potential customers and other stakeholders around the world, and is making real progress across the blue hydrogen value chain.” 11mn t/yr – Blue hydrogen 2030 production target Recent progress includes receiving the world’s first independent certification for blue ammonia and blue hydrogen production

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