Aramco has acquired a 50% equity stake in the Jubail-based Blue Hydrogen Industrial Gases Company (BHIG) from Air Products Qudra. This partnership aims to scale up hydrogen supply, including lower-carbon blue hydrogen, in Saudi Arabia’s Jubail Industrial City. BHIG will produce hydrogen from natural gas with carbon capture and storage, aligning with Aramco’s sustainability initiatives. Executives from Aramco and Air Products Qudra emphasized the deal’s role in developing a hydrogen network in the Eastern Province, supporting refining, chemical, and petrochemical industries. The investment aligns with Saudi Arabia’s Vision 2030, promoting a sustainable hydrogen economy and reducing global carbon emissions.
Photo Credit: Canva
Source: Storage Terminals Magazine
Read the article from the source here
