Saudi Arabia issues licence for Neom hydrogen plant
1.2mn t/yr green ammonia complex is still scheduled for startup in 2026, although FID remains outstanding
Saudi Arabia’s Ministry of Industry and Mineral Resources has issued an industrial operating licence for Neom Green Hydrogen Company, a joint venture between government affiliated developer Acwa, US industrial gases company Air Products and state economic zone developer Neom. The $5bn green hydrogen and ammonia complex is expected to produce up to 1.2mn t/yr of ammonia, to be globally exported through an exclusive offtake agreement with Air Products. The US firm will also act as the plant’s EPC contractor and system integrator, and will deploy its air separation technology at the facility. 2026 – Planned startup for Neom project The Neom Green Hydrogen Company has also contracted Ger
Also in this section
25 February 2026
Low-carbon hydrogen and ammonia development is advancing much more slowly and unevenly than once expected, with high costs and policy uncertainty thinning investment. Meanwhile, surging energy demand is reinforcing the role of natural gas and LNG as the backbone of the global energy system, panellists at LNG2026 said
18 February 2026
Norwegian energy company has dropped a major hydrogen project and paused its CCS expansion plans as demand fails to materialise
4 February 2026
Europe’s largest electrolyser manufacturers are losing patience with policymakers as sluggish growth in the green hydrogen sector undermines their decision to expand production capacity
2 February 2026
As a fertiliser feedstock, it is indispensable, but ammonia’s potential as a carbon-free energy carrier is also making it central to global decarbonisation strategies






