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
8 November 2024
The energy sector will need all viable technologies to meet surging demand as AI and datacentres drain power grids
31 October 2024
Russia still aspires to become a major supplier of hydrogen, CO₂ storage capacity and carbon credits, despite financial constraints and the loss of Western technology and expertise
30 October 2024
Inclusion of funding in government’s budget ends uncertainty over support for 11 electrolytic projects
25 October 2024
Investors in hydrogen, CCUS and other energy transition technologies face uncertainty over the outlook for government support after November’s presidential election