The Neom project is located in Tabuk in northwest Saudi Arabia
Neom on track and eyeing expansions
Four key projects now underway designed to support and accompany the flagship Neom project
The $8.4bn Neom project in Saudi Arabia is on track to start producing 1.2mt/yr of green ammonia in 2026, with the developers now starting to think about the development’s next stages. The plant will produce green ammonia from 600t/yr of green hydrogen manufactured from 4GW of renewable power, making it the biggest facility of its type in the world. The entire offtake will be lifted and sold by the US’ Air Products in a 30-year deal. Earlier this year, Saudi Arabia’s Ministry of Industry and Mineral Resources awarded its first industrial operating licence to Neom Green Hydrogen Company, a joint venture of Saudi Arabia’s Acwa Power, Air Products and Neom. The project reached financial close i
Also in this section
22 November 2024
The Energy Transition Advancement Index highlights how the Kingdom can ease its oil dependency and catch up with peers Norway and UAE
21 November 2024
Maintaining a competitive edge means the transformation must maximise oil resources as well as make strategic moves with critical minerals
11 November 2024
Presidency wants declaration from the talks to include specific measures on enabling hydrogen markets
11 November 2024
Midstream project linking the two regions is gaining momentum after string of MoUs and political backing
