Saudi Aramco, a leading integrated energy and chemicals company, has finalized the acquisition of a 50% equity interest in the Blue Hydrogen Industrial Gases Company (BHIG), based in Jubail. This partnership with Air Products Qudra (APQ) aims to enhance hydrogen production in the Jubail Industrial City, focusing on lower-carbon hydrogen solutions derived from natural gas.

The Blue Hydrogen Industrial Gases Company is set to produce blue hydrogen while implementing carbon capture and storage (CCS) techniques. BHIG plans to begin commercial operations aligned with Aramco’s ongoing CCS initiatives in Jubail. The collaboration is expected to significantly contribute to the development of a hydrogen network in Saudi Arabia’s Eastern Province.

Aramco’s Executive Vice President of Strategy & Corporate Development, Ashraf Al Ghazzawi, highlighted that this investment will help reduce carbon emissions and support the growth of the hydrogen economy. He emphasized the potential to leverage emerging opportunities both in the domestic market and globally.

Ahmed Hababou, Chairman of Air Products Qudra, reiterated the importance of this joint venture, stating it exemplifies the efforts of both companies to establish a robust hydrogen network that will serve various industries, including refining and petrochemicals. Furthermore, Mohammad Abunayyan, Vice-Chairman of Air Products Qudra, expressed pride in the partnership, noting its alignment with Saudi Arabia’s Vision 2030 for sustainable energy solutions.