Saudi Aramco has completed the acquisition of a 50% equity interest in the Jubail-based Blue Hydrogen Industrial Gases Company (BHIG), partnering with Air Products Qudra (APQ). This collaboration aims to supply hydrogen, including lower-carbon “blue hydrogen,” to the Jubail Industrial City area.
Blue hydrogen is produced from natural gas with carbon capture and storage (CCS) to reduce emissions. BHIG plans to commence commercial operations in coordination with Aramco’s CCS activities in Jubail.
Ashraf Al Ghazzawi, Aramco’s Executive Vice President of Strategy & Corporate Development, stated that the investment is expected to contribute to developing a hydrogen network in Saudi Arabia’s Eastern Province, supporting efforts to reduce carbon emissions and diversify the energy portfolio.
Ahmed Hababou, Chairman of Air Products Qudra, highlighted that the joint venture aims to develop a robust hydrogen network serving the refining, chemical, and petrochemical industries in the region.
This acquisition aligns with Saudi Arabia’s broader strategy to become a global leader in hydrogen production. Aramco has set a target to produce 11 million tons of blue ammonia annually by 2030, leveraging its carbon capture initiatives to support this goal.
